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Ditto; Stocks Continue Year end Trend Of Flat And Mixed, But With A Gain

Look for a neutral flat open.  Last session of 2010 as traders gear up for 2011 and hopefully more gains.   Friday, December 31, 2010,  9:07  A.M. Eastern- updated 10:01p

 

Another Flat Session Going Into The Last Trade Of The Year

Look for a neutral flat open Thursday.  Initial jobless claims and payroll next week in focus for the start.   Thursday, December 30, 2010,  8:53  A.M. Eastern- updated 5:37p

>  Unemployment new claims chart show continued improvement for the payroll jobs market.

>  Initial jobless claims drop below 400,000, indicating improving jobs market.

 

U.S. Stock Market Holds Onto A Gain Making It Nine In A Row

Look for a neutral-to-positive open.  More flat mixed trading set for the rest of the week.  Earnings/ outlook around the corner with payroll jobs reports in the queue.   Wednesday, December 29, 2010,  8:56  A.M. Eastern- updated 12-31-2010, 10:24p

 

Another Mixed Session For The U.S. Stock Market

Look for a neutral-to-positive open for Tuesday.   Tuesday, December 28, 2010,  8:55  A.M. Eastern- updated 4:57p

 

Stocks Turn Higher As The Broader Market Eked Out A Gain

Look for a neutral-to-negative open, could turn positive after the start.  China raises interest rate and East coast snow storm holds marketeers at bay.  Earnings/ outlook,  and year end in focus Monday.   Monday, December 27, 2010,  8:50  A.M. Eastern- updated 2:50p

 

Broader Market Ends Slightly Lower, Dow Ekes Out A Gain

Look for a neutral-to-negative open Thursday.  Jobless new claims, personal income and spending, and durable goods report as well as oil price watch, as prices continue to move higher.   Thursday, December 23, 2010,  9:11  A.M. Eastern- updated 5:24p

>  Consumer income and spending rose in November.

>  Unemployment new claims continue to show improving jobs market- chart.

 

Another Positive Day Making This The 15th Positive Session Of The Month

Look for a neutral flat open Wednesday, could turn mixed.  Earnings and Christmas holiday is in focus for the start.  The Barometer model run is changing the Bias to positive as conditions continue to improve even though the stock market is not in rally mode, yet.  The Market Barometer model that ran in the mid afternoon session changed the Forecast-Bias to positive.  Week before last, the BLI was change to positive from neutral which indicated stocks most likely would continue higher in the coming days and into next year.   Wednesday, December 22, 2010,  8:55  A.M. Eastern- updated 4:02p

>  Forecast Bias was upgraded; indicates positive ness should continue.

>  Government says the economy grew by 2.6 percent in Q3.

 

U.S. Stock Market Posted Positive, Up Over 1/2 Percent

Look for a neutral-to-positive open Tuesday.   Tuesday, December 21, 2010,  8:57  A.M. Eastern- updated 4:34p

 

NASDAQ Leads The Market To A Mixed Close

Look for a neutral-to-positive open for Monday.  North and South Korea concerns and the EU continuing debt problems are in focus for the start.  This is a shortened holiday week with many traders on holiday, could contribute to slow trading.  Short week sees Monday end flat and mixed as traders depart for holiday.   Monday, December 20, 2010,  8:52  A.M. Eastern- updated 4:55p

>  Bush tax deal extension signed into law could help markets Monday.

 

Tech Up, Broader Market Flat Friday

Look for a neutral-to-positive open Friday.  Tax cut extension moves to President after clearing the House.  Insider trading and M&A outlook in focus Friday.  More EU news could become more of a concern with downgrades ongoing.   Friday, December 17, 2010,  8:48  A.M. Eastern- updated 4:02p

>  Market Indexes Posted 12/18/2010:  Dow +0.71%;  NASDAQ +0.21%;  S&P 500 +0.29%;  average +0.40% for the week.

>  Tax deal gets signed into law.

>  Barometer Leading Indicator upgraded to positive suggesting positive momentum into 2011.

>  House passes Bush tax cut extension; goes to President for signature.

 

Back To Gains As Stocks Held Up In Face Of Nasty Trading News But Encouraging Jobless Data

Look for a neutral-to-positive open.  Jobless new claims, housing starts, and earnings/ outlook is in focus for the start as well as tax bill passed by Senate goes to the House for a vote.  Traders eye passage of Bush tax extension, keep stocks up Thursday.   Thursday, December 16, 2010,  8:49  A.M. Eastern- updated 5:56p

>  Gridlock snarls up the Hill as very little expected until regular order restored.

>  Minor move lower for unemployment new claims but chart continues to show jobs improvement.

 

U.S. Stocks Rest After Ten Session Positive Run

Look for a neutral-to-negative open.  Tax bill vote, consumer prices data, and the economy is in focus for the start.  Stocks rested Wednesday after 10 straight sessions of positive ness.   Wednesday, December 15, 2010,  8:53  A.M. Eastern- updated 4:55p

>  Senate passes Bush tax extension, sends to House were a battle is awaiting.

>  Tomorrows jobless new claims [chart] could extend or kill the positive momentum.

>  Consumer price index rose 0.1 percent.

 

Rally Fizzles But Gains Continue

Look for a neutral-to-positive open Tuesday.  Retail sales, producer price data, and the Fed FOMC is in focus for the start.  Santa Claus rally out, Santa Claus crawl is in, it would appears from the latest action on Wall Street.  A little gain is better than a loss, for the Bull, as stocks continue to add to the plus side, a little each session.   Tuesday, December 14, 2010,  9:05  A.M. Eastern- updated 5:50p

>  Vote on tax bill extension expected Wednesday; expected to pass; could rally markets.

>  Fed holds rate target at 0.0 - 0.25 percent, as expected.

>  FOMC statement little changed sees little change in stock prices, but stocks are up.

>  Manufacturing prices rose 0.8 percent in November.

 

Market Tops Out, S&P 500 Goes Flat As Tech Moved Deep Into Negative Territory

Look for a neutral-to-positive open for Monday.  Bush tax deal and China's economy is in focus for the start.   Monday, December 13, 2010,  8:55  A.M. Eastern- updated 10:08p

 

Stocks Go For Another Positive Close As The Leading Indicator Got An Upgrade

Look for a neutral-to-positive open Friday.  Trade deficit and tax plan talk is in focus for the start.  Could turn mixed.  The afternoon Barometer model run is changing the Barometer Leading Indicator (BLI) to positive.  A BLI change from neutral to positive indicates, within the models, a good chance that the U.S. stock market will continue turning higher in the coming sessions and on into 2011.   Friday, December 10, 2010,  9:04  A.M. Eastern- updated 10:13p

>  Market Indexes Posted 12/11/2010:  Dow +0.25%;  NASDAQ +1.77%;  S&P 500 +1.28%;  average +1.10% for the week.

>  Stocks push higher on growing optimism of the Bush tax cut extension.

>  Barometer model data suggest a brighter stock market on into next year.

 

Markets Flat Once Again As Stocks Posted Mixed Results

Look for a neutral-to-positive open.  Jobless new claims data and earnings/ outlook is in focus for the start as well as the Bush tax cut deal.  About the only economic data in town today was the jobless report that indicates jobs market relief in sight.  But traders want more pointed data showing a bigger new claims drop.   Thursday, December 9, 2010,  9:05  A.M. Eastern- updated 5:47p

>  Jobless new claims chart continues to indicate progress in the jobs market.

 

Stocks Posted Positive Results At The Close Of Trade Wednesday

Look for a neutral-to-positive open Wednesday.   Wednesday, December 8, 2010,  9:08  A.M. Eastern- updated 4:43p

 

Tax cut flattens U.S. stock market, session ended mixed

Look for a positive open Tuesday.  Bush tax cut extension news could inspire a new leg up for the stock market.  Stocks ended well off the high, with the Dow sinking into negative territory, with the S&P 500 virtually ending unchanged, while the tech [NASDAQ] ended slightly higher.   Tuesday, December 7, 2010,  8:38  A.M. Eastern- updated 4:35p

 

Stocks Post Mixed Results After Last Weeks 2-1/2 Percent Gain

Look for a neutral-to-negative open for Monday.  With more than 2 percent run-up last week, markets are set to rest Monday.  After last weeks rally, sending stocks up over two percent, traders rested Monday settling for a neutral end, posting mixed results.   Monday, December 6, 2010,  9:00  A.M. Eastern- updated 6:00p

 

Disappointing Payroll Held The Broader Market To A Small Gain- Tech Ramps Higher

Look for a neutral-to-negative open Friday, a positive Futures market turn negative on very disappointing payroll report.  Terrible payroll report didn't stop the equity market from making a very nice gain this week as Santa rally may have started early this year.   Friday, December 3, 2010,  9:07  A.M. Eastern- updated 9:39p

>  Market Indexes Posted 12/ 4/2010:  Dow +2.61%;  NASDAQ +2.26%;  S&P 500 +2.96%;  average +2.61% for the week.

>  A modest loss at the start seen as traders deal with dismal payroll report.

>  A dismal payroll report sees Futures turn south for a negative open.

>  Unemployment rate rose to 9.8 percent in November.

>  Disappointing 39,000 jobs added to payrolls cause stock market setback.

 

Upbeat Prediction Of Jobs And Economy Sent Stocks Up For Second Day

Look for a neutral-to-positive open.  Jobless new claims disappoints slightly causing Futures to recede slightly- but still looks ok for the open.  So far so good on the jobs front.  Fridays [nonfarm payroll] report should be favorable, based on the last couple weeks of new claims data.  Next year new budgets, in some companies, will kick in helping to increase job creation.  This traders are finding out now and could inspire a Santa Claus/ yearend rally- but, the forecast still calls for caution, for now.   Thursday, December 2, 2010,  9:05  A.M. Eastern- corrected 9:12a- updated 10:05p

>  Evening model run continues to show a chance of the S&P 500 to move lower.

>  Models see disappointing jobless number not a problem; chart shows new claims trend moving lower.

 

Stocks Ramp Higher On Oversold Market And Data

Look for a positive open and start for Wednesday.  ADP data and EU worries continue to be a focus.  Global equity markets rally on global economic data and lessening of EU worries.   Wednesday, December 1, 2010,  8:52  A.M. Eastern- updated 4:34p

>  Thursdays jobless new claims data could be very important- see chart.

>  Energy and materials sector lead broader market higher.

 

Stocks Continue Downward Trend For Third Session

Look for a negative open Tuesday.  EU debt problems continue to be a focus for the markets.   Tuesday, November 30, 2010,  8:41  A.M. Eastern- updated 3:33p

>  Portugal and Spain continue to be a negative focus for the markets.

 

U.S. Stocks Could Go Flat Ahead Of Payroll Jobs Data

Look for a neutral-to-negative open for Monday.  Global economies and their debt problems are in focus today as well as earnings/ outlook.  EU problems continue to divert to the Dollar from stocks.  Stocks tried for positive session but ended underwater, well off the lows.  U.S. markets could flatten out, as all eyes are on the nonfarm jobs and unemployment report.  Monday, November 29, 2010,  9:05  A.M. Eastern- updated 4:27p

>  Watch jobless new claims this Thursday, see if we can break below 400k- chart.

>  Fridays payroll report could be volatile for the markets.

 

Black Friday spawns red for stock market

Look for a negative open Friday.  Black Friday and earnings/ outlook in focus for the start as well as this is a short regular session, market closes at 1:00p.   Friday, November 26, 2010,  9:05  A.M. Eastern- updated 1:01p

>  Market Indexes Posted 11/27/2010:  Dow -0.98%;  NASDAQ +0.68%;  S&P 500 -0.84%;  average -0.38% for the week.

>  Trend lines in chart show possible breakthrough in unemployment situation.

 

Big Improvement In Jobless Claims Has Wall Street In Rally Mode

Look for a positive open Wednesday.  Jobless new claims, Durable Goods report, and Personal Income and Outlays, as well as tension/ concern over the Korean situation, is the focus for the start today.   Wednesday, November 24, 2010,  9:05  A.M. Eastern- updated 3:06p

>  Markets closed Thursday for holiday, will reopen Friday for a shorten schedule.

>  Durable goods [orders] drop as supply channel fills, some say.

>  Personal income and consumption increase in October.

>  Important data for the markets: jobless claims dropping below the longstanding channel- chart.

>  Some pages are not being updated due to publishing server problems.

 

Tension And Fear Strike The U.S. Stock Market

Look for a negative open Tuesday.  Korean concerns and EU debit problems as well as GDP data is in focus for the start.  Tension and fear set in Monday as traders sold off stocks with Korean conflict building and the Fed probing fund managers for any insider trading statutory evidence had the stock market in negative mode Monday.   Tuesday, November 23, 2010,  9:13  A.M. Eastern- updated 4:39p

>  GDP for the third-quarter increased at an annual rate of 2.5 percent.

 

U.S. Stock Market Shakes Off Triple Digit Loss, Ends Mixed

Look for a neutral-to-positive open Monday.  Holiday, shortened trading  week in the U.S. and earnings/ outlook is in focus for the start.   Monday, November 22, 2010,  8:44  A.M. Eastern- updated 10:11p

 

Volatile Week Saw Stocks End Slightly Higher

Look for a neutral-to-negative open Friday.  Earnings/ outlook is in focus for the start.  If stocks can pullout a modest gain today we could breakeven or end the week with a gain.   Friday, November 19, 2010,  7:55  A.M. Eastern- updated 11:36p

>  Market Indexes Posted 11/20/2010:  Dow +0.12%;  NASDAQ +0.02%;  S&P 500 +0.07%;  Average +0.07% for the week.

 

U.S. stocks rebound recovering some previous losses

Look for a positive open Thursday.  Jobless new claims and earnings/ outlook is in focus for the start.   Thursday, November 18, 2010,  8:08  A.M. Eastern

 

Neutral session with market ending mixed

Look for a neutral-to-positive open for Wednesday.  Consumer price and housing data as well as earnings/ outlook is in focus for the start.   Wednesday, November 17, 2010,  8:46  A.M. Eastern- UPDATED

>  Core consumer prices was unchanged in October for the third month in a row.

 

U.S. Stocks Sell Off Over EU Debit Problems and global economic recovery

Look for a neutral-to-negative open.  Inflation PPI report and earnings/ outlook is in focus for the start.  Afternoon Barometer model is changing the BLI to neutral from positive.  Barometer Models downgraded the BLI to neutral this afternoon.  A neutral BLI indicates a possible direction change in the market, indicating modest likelihood that a direction change is approaching.   Tuesday, November 16, 2010,  9:05  A.M. Eastern- corrected- updated 3:24p

>  Global markets lower on concerns over the EU and global economies.

>  Core manufacturing prices fell for first time in 11 months.

 

Mondays Stock Market Posted Flat Mixed End

Look for a neutral-to-positive open Monday.  M&A and earnings/ outlook is in focus for the start as well as retail sales data.  M&A wasn't enough to get stocks out of a, now three day, funk.   Monday, November 15, 2010,  9:05  A.M. Eastern- updated 4:49p

 

Traders Continue Selling On Earnings Outlook;  Bias Downgraded To Neutral

Look for a neutral-to-negative open Friday.  Global economic concerns and earnings/ outlook is in focus for the start.  Market Barometer afternoon model has downgraded the Bias to neutral from positive.  Cisco Systems (CSCO) earnings forecast was reason enough for traders to take profit yesterday and today causing the afternoon model to downgrade the Forecast Bias to neutral.   Friday, November 12, 2010,  9:00  A.M. Eastern- updated 3:09p

>  Market Indexes Posted 11/13/2010:  Dow -2.21%;  NASDAQ -2.37%;  S&P 500 -2.18%;  Average -2.26% for the week.

>  What was supposed to be good earnings season had a setback on Cisco's earning outlook.

 

Cisco Systems Takes Big Hit, Leads Stocks Lower

Look for a neutral-to-negative open Thursday.  Cisco Systems under pressure, in the after hours market, from earnings outlook has the stock market set to open in negative territory.  Earnings/ outlook is in focus for the start.  Cisco ends with a 16 percent loss helping tech and the Dow to lose ground Thursday.  Cisco/ Disney upset earning season, the markets, and the investor.   Thursday, November 11, 2010,  9:03  A.M. Eastern- updated 4:46p

 

Tech Stocks Gain, Broader Market Lagged, As The Dow Struggled At The Unchanged Line

Look for a neutral flat open, could turn positive.  China's trade surplus, QE2, G20 meeting as well as jobless new claims data is in focus for the start.   Wednesday, November 10, 2010,  9:05  A.M. Eastern- updated 4:50p

>  Unemployment new claims drop; chart shows claims at bottom of channel.

 

Stocks Sink On Little Local Media As Traders Refocus On Europe, Again

Look for a neutral-to-positive open Tuesday.  Earnings/ outlook is in focus for the start as well as the continuing QE2 talk.   Tuesday, November  9, 2010,  9:05  A.M. Eastern- updated 4:45p

 

Stocks Go Flat, End Mixed, After Last Weeks Big Run-Up

Look for a neutral-to-negative open for Monday.  With little local news to stir trading, traders put an ear back to EU news, as the U.S. Stock Market gives back a small amount of last weeks gain.   Monday, November  8, 2010,  8:56  A.M. Eastern- updated 4:53p- corrected 11-09-2010- 9:00a

>  Gold settles in on $1,400. in evening trade Monday.

 

U.S. Stock Market Rests Friday, Ending Marginally Higher, After Big Weekly Gain

Look for a neutral-to-positive open for Friday.  Employment payroll report, QE2, and the economic recover as well as earnings/ outlook is in focus for the start.   Friday, November  5, 2010,  9:05  A.M. Eastern- updated 4:36p

>  Market weekly post;  Dow +2.91%; NASDAQ +2.83%; S&P 500 +3.56%; average +3.10%.

>  Very productive week for the Bulls, lets hope the positive ness carries over to next week for maybe a forecast upgrade.

>  Payroll add 151,000 jobs, well above expectations.

 

Stocks Rally On The Feds Economic Stimulus Plan

Look for a positive open.  QE2, jobs report, and earnings/ outlook is in focus for the start.  Disregarding jobless new claims data this morning, the U.S. stock market along with the global markets rallied on the Feds economic stimulus plan.  U.S. stock market ends Thursday's session near the high ahead of payroll unemployment report.   Thursday, November  4, 2010,  9:05  A.M. Eastern- updated 4:00p

>  Good sign, S&P 500 passes Aprils high- chart.

>  If the positive ness keeps up, look for a forecast change; some danger could be ahead if payroll number is out of whack.

>  Jobless initial claims rose last week; unemployment channel still alive- chart.

 

Elections And FOMC Priced In As Stocks Eke Out A Small Gain At The Close

Look for a neutral flat open for Wednesday.  Election coverage results and today's Fed FOMC meeting is the focus for the start.  Election outcome has been pretty much baked into the markets, so it's now onto the FOMC meeting today and the nonfarm payroll report Friday.  The Federal Open Market Committee stated that the pace of the economic recovery, measured in output and employment, continues to be slow.  Household spending has increased gradually, but remains constrained by unemployment, modest income growth, lower housing wealth, and tight credit.  The FOMC plans to stimulate the economy by purchasing treasuries.   Wednesday, November  3, 2010,  9:05  A.M. Eastern- updated 4:22p

>  The Fed to purchase 600 billion in treasuries to simulate the economy.

 

Holding Onto Gains Ahead Of Election Results And The Fed

Look for a neutral-to-positive open for election day.  Election speculation is the focus for the start as well as the Fed FOMC meeting tomorrow.  Tuesday, November  2, 2010,  9:05  A.M. Eastern- updated 3:51p

 

Stocks Go Flat, End Mixed, Ahead Of Elections, Fed, And Payroll Unemployment

Look for a neutral-to-positive open Monday.  Earnings/ outlook is in focus for the start as well as Personal Income and Outlays data Traders get cold feet, sell the days gain, ahead of the elections tomorrow and the Fed Wednesday as well as payroll report Friday.  Monday, November  1, 2010,  8:48  A.M. Eastern- updated 4:21p

 

Markets End The Week Flat, Stocks Up For The Month

Look for a neutral flat open.  GDP and earnings/ outlook is in focus for the start Friday.  Friday, October  29, 2010,  9:08  A.M. Eastern- updated 4:47p

>  For the week, Dow -0.13%;  NASDAQ +1.13%;  S&P 500 +0.02%.

>  U.S. productivity grew at 2 percent in the third quarter; inline with estimates- chart.

 

Stocks Flat Once Again, Moving Towards The Unchanged Line

Look for a neutral-to-positive open.  Jobless new claims and earnings/ outlook is in focus for the start.   Thursday, October  28, 2010,  8:54  A.M. Eastern- updated 2:48p

>  Jobless claims drop- chart shows claims at bottom of channel- could be good news.

 

Stocks Recover Some Losses, Turned Up To The Unchanged Line, Ahead Of Jobless Claims

Look for a neutral-to-negative open.  Earnings/ outlook is in focus for the start as well as the Durable Goods report.   Wednesday, October  27, 2010,  9:01  A.M. Eastern- updated 4:50p

 

Broader market struggled at the unchanged line while tech continues to outperform

Look for a neutral-to-negative open. Earnings/ outlook is in focus for the start.  Marketeers buy/ sell nearly equal Tuesday as traders and analysts await fresh data- GDP and payroll.   Tuesday, October  26, 2010,  9:05  A.M. Eastern- updated 5:47p

 

Stocks Continue Trekking Higher On Earnings And The Dollar

Look for a neutral-to-positive open Monday.  Earnings/ outlook is in focus for the start.  The Market Barometer afternoon model is changing the Bias to positive.  The afternoon model-run upgraded the Bias to positive.  Conditions in the stock market continue to improve.  Models indicate an upgrade can be expected if stocks continue being positive.  Some negative sessions can be expected.  Equities end well off the high of the day with tech outperforming the broader market.  Monday, October  25, 2010,  8:53  A.M. Eastern- updated 4:45p

 

Tech And The Broader Market With Gain, Blue Chips Struggled, Mired In Red

Look for a neutral-to-positive open Friday.  Earnings/ outlook is in focus for the start.  Friday, October  22, 2010,  9:01  A.M. Eastern- updated 2:42p

>  Watch for an upgrade to the forecast if the stock market continues positive.

>  For the week;  Dow gained .65%;  NASDAQ gained .45%;  S&P 500 gained .61%.

 

Stocks End Well Off The High After Dipping Into Negative Territory

Look for a neutral-to-positive open.  Earnings/ outlook and jobless new claims is in focus for the start.  Earnings power ran out as the Dow gave up triple digit gain, moved into negative territory, to then reverse direction and end modestly higher.   Thursday, October  21, 2010,  8:57  A.M. Eastern- updated 4:51p

>  Jobless new claims drop 23,000 last week to 452,000- chart.

 

Earnings Propel Stocks Back Recovering Most Of Yesterdays Loss

Look for a neutral-to-positive open.  Earnings/ outlook is in focus for the start.  Wednesday, October  20, 2010,  9:05  A.M. Eastern- updated 5:54p

>  Website maintenance today may cause some services to be temporarily out of service.

>  Better than expected earnings help recover some of yesterdays losses.

 

U.S. Stocks Pullback As Traders Worry Over Global Economy And Markets

Look for a negative open Tuesday.  Earnings/ outlook is in focus for the start as well as housing data.  Stocks got off to a negative start Tuesday on concern over China's rate hike.  Then later in the session by Bank worries, especial BofA- not to mention stocks may be slightly over valued.  Tuesday, October  19, 2010,  9:05  A.M. Eastern- updated 6:01p

>  Tuesday evening website maintenance; some services may be temporarily out of service.

>  Worry over rate hike and economies as well as banks, saw selling Tuesday.

>  China hikes loan and deposit rates.

 

Stocks Gain Better Than One Half Percent Ahead Of More Earnings

Look for a neutral flat open for Monday.  Could turn mixed.  Earnings/ outlook is in focus for the start.  More earnings after the close to power the market as IBM reports better than expected (IBM stock lower in after hours).  Apple (AAPL) beats estimates, stock is flat in the after hours market.  Monday, October  18, 2010,  8:50  A.M. Eastern- updated 4:39p

>  IBM and Apple beat but sell off in the after hours market.

 

Mixed Session With Tech Stocks In Rally Mode

Look for a neutral-to-positive open for Friday.

Bernanke speech, CPI, and retail sales data as well as earnings/ outlook is in focus for the start Friday.  Bernanke speech turned futures around, this morning, while retail sales and CPI data ramped futures higher.  Futures moderate near the open, still shows a positive start.  Friday, October  15, 2010,  8:53  A.M. Eastern- updated 2:52p

>  Consumer Price Index shows slight increase in inflation.

>  Retail sales rose in September, helped Fridays Futures market.

>  Ben Bernanke economic QE2 speech turns Futures market around.

 

U.S. Stocks Rest After Four Day Run

Look for a neutral flat open, could turn mixed.  Trade deficit, PPI, and jobless new claims as well as earnings/ outlook is in focus for the start.  Earnings are very positive thus far and the rumor mill has traders sending some tech stocks higher [EMC - Yahoo].   Thursday, October  14, 2010,  8:54  A.M. Eastern- updated 5:57p

>  Manufacturing [inflation] prices continues to ramp up.

>  Trade deficit increases.

>  Unemployment new claims increase to 462,000- chart.

 

Earnings Push Stocks Up While The Leading Indicator Gets Upgrade To Positive

Look for a neutral-to-positive open.  Earnings/ outlook is in focus for the start.  The Market Barometer afternoon model run upgraded the BLI to positive from neutral.  The BLI was changed, this afternoon, to positive indicating a better chance that stocks will continue moving higher, in the aggregate.  The forecast continues to show caution.   Wednesday, October  13, 2010,  8:55  A.M. Eastern- updated 5:47p

>  Barometer Leading Indicator gets upgraded, Bias may be next.

>  Intel, CSX, and JPMorgan earnings stoke futures.

>  Pre market Barometer model indicates a possible BLI upgrade today.

 

Broader Market Turned Positive, Tech Ramped Up Ahead Of Intel - CSX

Look for a neutral-to-negative open.  Could turn mixed.  Earnings/ outlook is in focus for the start Tuesday.   Tuesday, October  12, 2010,  9:05  A.M. Eastern- updated 4:55p

 

U.S. Stock Market Posted A Slight Gain At The Close As Earnings Get Underway

Look for a neutral-to-positive open Monday, could turn mixed.  Earnings/ outlook is in focus for the start as well as QE2 continues to be a topic.  Holiday in the U.S. saw a slow session with little headline news, as stocks end just above unchanged.   Monday, October  11, 2010,  9:00  A.M. Eastern- updated 4:55p

 

Stocks Ramp Up Ignoring Disappointing Jobs Report

Look for a neutral flat open for Friday.  Could turn mixed.  Jobs report and unemployment rate is in focus for the start as well as earnings/ outlook.  Stocks ramp up after dismal jobs data from ADP, jobless new claims, and corporate payroll.   Friday, October  8, 2010,  9:07  A.M. Eastern- updated 6:00p

>  The private sector created 64,000 more jobs in September.

>  159,000 Government jobs were lost in September.

>  September's unemployment rate held at 9.6 percent.

>  Corporate America lost 95,000 jobs in September.

 

Stocks Mostly Underwater Ahead Of Payroll, NASDAQ A Touch Better

Look for a neutral-to-positive open.  Jobless new claims and payroll data (Friday) as well as earnings/ outlook is in focus for the start.  It was a slow day Thursday ahead of the jobs report but tech shares did pullout a small gain while the broader market ended slightly lower..   Thursday, October  7, 2010,  9:00  A.M. Eastern- updated 9:51p

>  Forecast to continue at caution through payroll report.

>  Alcoa beats estimates as they kick off earnings season.

>  Initial jobless claims drops 11,000 to 445,000- chart.

 

Traders Not In The Mood To Buy As Dow Drops Over 100 Points

Look for a neutral-to-negative open.  More M&A activity in focus for the start.  Traders take back most of Fridays gains.   Monday, August 30, 2010,  8:53  A.M. Eastern- updated 3:51 pm Eastern

 

Bulls Rally On Oversold Market Amid GDP Data And Bernanke

Look for a neutral-to-positive open Friday.  GDP data and M&A is in focus for the start.  Finally a rally that recovers a little of weeks of losses.  GDP for the second-quarter was revised lower but came in slightly higher than was expected.  Some economists and analysts are expecting the economy to pickup in 2011... more on the rally and GDP- Bernanke speech...   Friday, August 27, 2010,  9:07  A.M. Eastern- updated 3:08 pm Eastern

>  Q2 GDP revised lower but better than expected- chart.

 

Bears Take Over Positive Start As Economic Recovery Haunts The Market

Look for a neutral-to-positive open.  Jobless claims data and the 3PAR Dell-HP deal is in focus for the start.   Thursday, August 26, 2010,  9:05  A.M. Eastern- updated 4:55 pm Eastern

>  Jobless claims dropped last week but chart shows still elevated claims.

 

Equity Market Claws Its Way Back Into Positive Territory Ending Several Sessions Of Selling

Look for a neutral-to-negative open Wednesday.  Durable Good report disappoints.  Futures sink as pre market trading is headed lower.  After weeks of mostly selling, equities moved into positive territory with tech leading the way.  The broader market posted a small gain while NASDAQ stocks advanced over 3/4 percent.   Wednesday, August 25, 2010,  9:05  A.M. Eastern- updated 4:50 pm Eastern

 

Stocks Get Slammed Again As The Forecast Gets A Downgrade

Look for a negative open.  More selling in store for the market as traders brace for data.  The Barometer afternoon model run has changed the Forecast to negative.  U.S. stock market continues to sell off and the Wall of Worry is not in sight, this time around.  There is little reason to believe that this market can regain rally mode from these levels, as selling appears to be the smart trade.  With so much up in the air;  the recovery;  jobs;  the deficit;  the housing market;  earnings slow down;  the Government;  it appears that it can only get worse from this point on until maybe later in the year or even 2011.   Tuesday, August 24, 2010,  9:03  A.M. Eastern- updated 3:17 pm Eastern

 

Stocks Slip Into Negative Territory Continuing Two Weeks Of Selling

Look for a neutral-to-positive open for Monday.  M&A activity and earnings/ outlook in focus for the start.   Monday, August 23, 2010,  9:05  A.M. Eastern- updated 4:57 pm Eastern

 

Selling Moderates With Tech Eking Out A Small Gain

Look for a neutral-to-negative open.  The global economy and U.S. job market in focus for the start Friday.  Midday model run changed the Bias to negative.  No relief in sight as bad news rules for now and probably into next week.   Friday, August 20, 2010,  9:05  A.M. Eastern- updated 4:51 pm Eastern

Stocks Sell Off On Subdued Jobs Market And Stagnate Economic Recovery

Look for a neutral-to-negative open for Thursday.  Jobless initial claims data is in focus for the open.  All it took was an unexpected jobless report this morning to set a sell off in motion- traders should have expected that.   Thursday, August 19, 2010,  9:05  A.M. Eastern- updated 4:58 pm Eastern- corrected 5:57p

>  Another disappointment in jobs (chart), futures move lower.

 

Stocks End With A Modest Gain Ahead Of Jobs Data Tomorrow

Look for a neutral flat open, could turn mixed.  Afternoon model is changing the BLI to neutral from positive.  Stocks are up near the close today but model data suggest that the positive ness may not hold through tomorrow.  Jobs initial claims tomorrow [chart] most likely will not please traders and the market has a tendency to want to go lower.   Model data changed the BLI to neutral, this afternoon, as data suggest its difficult to keep the market higher on good news and easy for it to move lower on bad.   Wednesday, August 18, 2010,  9:03  A.M. Eastern- updated 4:57 pm Eastern

>  BLI gets downgraded to neutral during the afternoon session.

 

Finally A Rally To Break Last Weeks Selling Spree

Look for a neutral-to-positive open.  PPI and housing starts in focus for the start as well as M&A and Wal-Mart - Home Depot.  Stocks ramp up near 1-1/4 percent Tuesday averting model downgrade.  Barometer BLI is an indicator that is used to determine market direction under Market Barometer methodology.  A move from positive to neutral would indicated a market that could move lower from current levels.  But one day doesn't make a market; more positive sessions would be needed to avert a short term move lower.   Tuesday, August 17, 2010,  9:05  A.M. Eastern- updated 4:59 pm Eastern

>  Manufacturing prices rose 0.2 percent last month, core rose 0.3.

 

Broader Market Ends Flat- Tech Advances

Look for a neutral-to-negative open Monday.   Monday, August 16, 2010,  8:58  A.M. Eastern- updated 4:55 pm Eastern

 

Another Negative Session With Tech Solidly Leading The Way

Look for a neutral-to-negative open.  TGIF.  Retail sales data and earnings/ outlook in focus for the start as well as the economic recovery.  Another bad day for stocks as jobs market gets credited for the fall.  It may be 2011 budget before improvement.  Even retail sales couldn't help matters as traders continue to lighten up positions.   Friday, August 13, 2010,  8:57  A.M. Eastern- updated 4:55 pm Eastern

 

Off The Low, Stocks Still Run Red On Global Growth Concern

Look for a sell off at the open Thursday.  Global economic slowdown has traders very worried, jobs data this morning kick starts the selling pressure.  Afternoon model is changing the Bias to neutral.  Traders sentiment gets reversed by some bad news from the Fed and fear set in again as global slowdown talk take buyers to the sidelines.   Thursday, August 12, 2010,  9:05  A.M. Eastern- updated 4:00 pm Eastern

>  New unemployment claims up 2,000- chart- traders worried.

 

U.S. Stocks Sell Off On Fed And Global Economic Worries

Look for a negative open Wednesday.  The Fed, trade deficit, and earnings/ outlook in focus for the start.  A dismal day at the office for traders as stocks get slammed on global economic recovery fear.  Cisco reported good results and sees Cisco in great shape going forward but the stock got sold off in the regular session and in the after hours.   Wednesday, August 11, 2010,  9:05  A.M. Eastern- updated 5:54 pm Eastern

 

U.S. Equities End In Negative Territory After The Fed

Look for a negative open.  Fed FOMC and the Productivity report is in focus for the start as well as earnings/ outlook.  Because of service errors, the production model runs did not execute today.  Special model runs to update the Indicators and Forecast will be ran this evening.  All should be ready prior to Wednesdays open.  The forecast continues to indicate caution.  No change is anticipated through the open.   Wednesday, August 11, 2010,  6:01 P.M. Eastern- updated 6:03 pm Eastern

>  The BLI was offline for a short period of time this evening, it is back correctly displaying positive.

>  Market-Barometer publishing computer has been down intermittently- service should be restored shortly.

 

Stocks Up Half Percent Ahead Of The Fed

Look for a neutral-to-positive open for Monday.  Earnings/ outlook in focus for the start as well as FOMC meeting.  Fed to leave target rate unchanged Tuesday, as all eye will be on the accompanying statement.  It will be necessary for the statement to address the problem of a slow economic recovery.  Traders will want assurances that the Fed will do what's necessary.   Monday, August 9, 2010,  8:56  A.M. Eastern- updated 4:47 pm Eastern

 

Major Indexes Ramp Higher In Last Hour Of Trade Friday

Look for a negative open.  Government report showed jobs in companies unexpectedly fell, sending future lower Friday morning.  Is Wall Street ready to climb the wall of worry?  Stocks could have crashed Friday, after the dismal jobs report and stocks did sink well into negative territory, but came roaring back to end with a slight loss.   Friday, August 6, 2010,  9:08  A.M. Eastern- updated 5:55 pm Eastern

>  Unemployment-rate held at 9.5 percent, that represents over 14 million persons.

>  Another 131,000 jobs lost takes stocks lower at the start of business.

 

Broader Market Sees Slight Loss Ahead Of Payroll Jobs Data Tomorrow

Look for a neutral-to-negative open for Thursday.  Jobless new claims spook the market sending futures down.  Big day tomorrow as everybody awaits to see how many jobs got created last month and what the unemployment-rate was.   Thursday, August 5, 2010,  9:05  A.M. Eastern- updated 4:57 pm Eastern

>  Jobless new claims increase unexpectedly- futures move lower.

 

Traders Get Excited With Jobs Data Sending Stocks Higher

Look for a neutral-to-positive open.  Jobs report, ADP today, tomorrow jobless new claims, and Friday's big payroll report as well as earnings/ outlook in focus for the start.  Countdown begins today for the payroll jobs report Friday, as traders get a sneak peek at ADP data today and jobless new claims tomorrow.   Wednesday, August 4, 2010,  9:01  A.M. Eastern- updated 4:45 pm Eastern

 

Traders Rest From Yesterdays Rally, Await Jobs Data

Look for a neutral-to-positive open Tuesday.  Personal Income and Outlays report; earnings/ outlook in focus for the start.  Traders rest Tuesday as the stock market consolidates just under the unchanged line.  Traders await the jobs reports Friday with a quick stop on Thursday for the new claims report.  Jobs, jobs, jobs is the awaited data and you can bet that traders will react on the data starting with Thursdays new claims report.   Tuesday, August 3, 2010,  9:00  A.M. Eastern- updated 6:01 pm Eastern

Marketeers Start The New Month With A Big Rally

Look for a positive open Monday.  New month, new hope, as futures point to opening rally.  earnings/ outlook in focus for the start.  Stocks roar on Monday as the Dow shows a triple-digit gain.  Nearly everything ramped up Monday, Gold, oil, and the 10-year yield.   Monday, August 2, 2010,  9:02  A.M. Eastern- updated 5:55 pm Eastern

 

Stocks Flat At The Close Posting Mixed Results

Look for a negative open for Friday.  GDP data and earnings/ outlook in focus for the start.  Flat session Friday but a very productive July as stocks appear to be building a foundation.   Friday, July 30, 2010,  8:42  A.M. Eastern- updated 5:40 pm Eastern

>  GDP weaker than estimates, sending futures lower.

 

Stocks Slip Into Negative Territory Ahead Of GDP

Look for a neutral-to-positive open for Thursday.  Earnings/ outlook in focus for the start as well as jobless initial claims.   Thursday, July 29, 2010,  9:05  A.M. Eastern- updated 4:00 pm Eastern

>  New claims chart shows tight unemployment range.

Stocks Move Lower On Disappointing Data

Look for a neutral-to-negative open.  Durable Goods report and earnings/ outlook in focus for the start as well as BP.  Markets are very much news driven, as Durable Goods report and the Beige Book saw stocks sink Wednesday.   Wednesdays, July 28, 2010,  9:14  A.M. Eastern- updated 4:50 pm Eastern

 

Mixed Results Tuesday End Three Day Positive Streak

Look for a neutral-to-positive open.  Earnings/ outlook in focus for the start as well as BP and the Gulf cleanup effort.  The afternoon model has upgraded the forecast to caution from negative.  Barometer models continue to show that foundation-building is underway in the U.S. stock market.  The big question is, does that quash the fear factor of the stock market dropping further- no.  Caution forecast means just that, caution.  Shares of corporations rest and consolidate after last weeks run-up.  Major indexes post mixed results Tuesday.   Tuesday, July 27, 2010,  9:05  A.M. Eastern- updated 5:57 pm Eastern

 

Rally Continues Monday With A Modest Gain

Look for a neutral flat open for Monday.  Earnings/ outlook in focus for the start as well as BP.  Stocks ramp up adding to the rally started nearly two weeks ago.   Monday, July 26, 2010,  8:58  A.M. Eastern- updated 4:56 pm Eastern

 

Rally Continues- Less Fear Rules- Bias Upgraded

Look for a neutral flat open. Could turn negative.  Earnings/ outlook in focus for the start as well as the Gulf oil disaster and the storm (Bonnie)  likely to enter the Gulf today or this weekend.  Stocks continue to rally as the afternoon model run upgrades the Bias to positive, leading the way for the Forecast to upgrade to caution.   Friday, July 23, 2010,  9:09  A.M. Eastern- updated 4:53 pm Eastern

 

Rally On Data And Earnings- Barometer Leading Indicator Gets An Upgrade

Look for a positive open Thursday.  Earnings/ outlook in focus for the start as well as initial jobless claims.  Afternoon model run is changing the BLI to positive.  The BLI is an indicator that detects market swings.  This swing to positive indicates a chance that a stock market foundation is being established.  The way you can tell if this is really occurring, is to watch for the Bias to be upgraded.   Thursday, July 22, 2010,  8:56  A.M. Eastern- updated 4:54 pm Eastern

>  Models continue to see improvement even with yesterdays sell off.

>  Unemployment new claims jump 37,000- chart.

 

Stocks Fall On Fear That Economic Recovery Is Faltering

Look for a neutral-to-positive open Wednesday.  Earnings/ outlook in focus for the start as well as the Gulf oil cleanup.  Morning model run changed the Forecast Bias to neutral.  Even though the stock market was flat this morning, Market Barometer model data shows a slight improvement in trader sentiment, which could translate into building a foundation (S&P 500) at the current level.   Wednesday, July 21, 2010,  9:05  A.M. Eastern- updated 4:47 pm Eastern

 

Stocks Come Alive In Afternoon Trade Surging Into Positive Territory

Look for a negative open.  Earnings/ outlook and housing data in focus for the start as well as specifics of IBM's and Goldman's report.  Street awaits Apple and Yahoo earnings, could send stocks higher Wednesday.  Major indexes post 3/4 to 1 percent gain with traders anticipating a rally Wednesday off Apple earnings.   Tuesday, July 20, 2010,  9:12  A.M. Eastern- updated 4:45 pm Eastern

 

Bulls Find Traction After Fridays Big Loss

Look for a neutral-to-positive open Monday.  Earnings/ outlook in focus for the start as well as the oil disaster in the Gulf.  Bulls send shares higher Monday, 1/2 to nearly 1 percent, ahead of IBM's disappointing earnings/ outlook.  Reports of an oil leak (near the capped well head) in the Gulf set a nasty tone for traders Monday.   Monday, July 19, 2010,  8:56  A.M. Eastern- updated 4:43 pm Eastern

 

Big Disappointment On Earnings And Economical Data Sent Stocks Lower Friday

Look for a neutral-to-negative open Friday.  Earnings/ outlook in focus for the start as well as consumer prices and the capped oil leak in the Gulf.   Friday, July 16, 2010,  9:12  A.M. Eastern- updated 3:26 pm Eastern

 

Stocks End Flat And Mixed, Well Off The Low Of The Session

Look for a neutral flat open; could turn mixed to positive.  Earnings/ outlook in focus for the start as well as the BP oil mess in the Gulf.  U.S. stock market ends flat, well off the low of the day, as news that BP may have stopped the oil leak in the Gulf and that Goldman too settle with the Government over its role in the financial disaster.   Thursday, July 15, 2010,  9:06  A.M. Eastern- updated 4:45 pm Eastern

>  Reports say that Goldman has settled with the SEC.

>  BP has stopped the Gulf oil leak.

>  Manufacturing prices drop in June.

>  Initial jobless [unemployment] claims drop 29,000- chart.

 

Traders Run Tech Higher While Broader Market Consolidates

Look for a neutral-to-positive open for Wednesday.  Earnings/ outlook in focus for the start as well as retail sales data.   Wednesday, July 14, 2010,  8:55  A.M. Eastern- updated 3:26 pm Eastern

 

Rally Extended To Six Sessions- Looks Like The Bulls Are Making A Comeback

Look for a positive open for Tuesday.  Earnings/ outlook in focus for the start as well as the BP oil cleanup.  The Barometer afternoon model run is changing the BLI to neutral.  A neutral BLI indicates a possible turnaround of the U.S. stock market from months of selling.  Intel (INTC) earnings outlook beat estimates and could inspire trading Wednesday, as Alcoa (AA) did today.  Intel and Cisco Systems (CSCO), in past years, have inspired marketeers to ramp stock higher.  Can they do it again?   Tuesday, July 13, 2010,  9:01  A.M. Eastern- updated 5:53 pm Eastern

 

Stocks End Flat Ahead Of Alcoa And The Start Of Earnings Season

Look for a neutral-to-negative open Monday.  Earnings/ outlook in focus for the start as well as the Gulf oil spill.  Stocks end a fifth straight session higher continuing last weeks rally.  Earnings season is underway, Monday, with Alcoa (AA) reporting favorably; shares are over 3-percnet higher in the after hours.   Monday, July 12, 2010,  8:49  A.M. Eastern- updated 5:58 pm Eastern

 

Four In A Row To End Short Week- Can Momentum Carry Over To Next Week

Look for a neutral-to-negative open Friday.  The economy and earnings/ outlook in focus for the start.  Stocks roar ahead for a fourth day, as momentum appears to be gathering steam, heading into earnings next week.   Friday, July 9, 2010,  9:01  A.M. Eastern- updated 4:46 pm Eastern

 

Three Day Rally Intact On Less Economic Worries

Look for a positive open for Thursday.  Jobless new claims and earnings/ outlook in focus for the start as well as the oil spill in the Gulf.  A very oversold U.S. stock market spawned a three-day rally, as traders feel less worry about the economic recovery and throw a veil around the other threats.  Can stocks go higher from here- possibly.  Can stocks go lower from here- yes.  The forecast stands at negative until further evidence/ data to the contrary.   Thursday, July 8, 2010,  9:11  A.M. Eastern- updated 5:50 pm Eastern

>  Unemployment initial claims drop 21,000 last week- chart.

 

Rally Holds Together Wednesday Posting At The High

Look for a neutral-to-mixed open for Wednesday.  Stocks made up for yesterdays fizzled rally with the major indexes ramping up to close at the high of the session.  One or two day rally doesn't change the underlining facts that traders have been trading on for months.  More positive sessions (earning on deck- could help) with momentum is needed before the forecast can change.   Wednesday, July 7, 2010,  9:08  A.M. Eastern- updated 4:52 pm Eastern

 

Rally dies leaving market with marginal gain

Look for a positive open Tuesday.  Relief rally and the start of earnings/ outlook in focus for the start.  Hopes were high for a relief rally Tuesday but, as it happens, traders took the opportunity to reduce exposure.  A positive stock market is hard to come by, as today's gain is the first since --nearly-- mid June, when, on June 18th, stocks put in a good day, but from that point on, with an exception of two mixed sessions, its been all negative.   Tuesday, July 6, 2010,  8:58  A.M. Eastern- updated 5:54 pm Eastern

 

Last Minute Selling Take Stocks Down Ahead Of Long Holiday Weekend

Look for a neutral-to-positive open Friday.  Jobs payroll unemployment report in focus for the start.   Friday, July 2, 2010,  9:10  A.M. Eastern- updated 4:03 pm Eastern

>  U.S. markets closed to observe holiday.

>  U.S. economy lost 125,000 jobs in June.

>  Unemployment rate drops to 9-1/2 percent.

 

Stock Market Negative Ness Trips Forecast Downgrade To Negative

Look for a neutral-to-negative open Thursday.  Jobless initial claims and payroll unemployment report in focus for the start.  Barometer forecast model downgraded the forecast to negative this afternoon.  Data from the models suggest more losses to stocks can be expected over the summer months, with some rallies in an otherwise oversold market.   Thursday, July 1, 2010,  9:06  A.M. Eastern- updated 4:56 pm Eastern

>  Jobless new claims jump to 472,000 last week- chart.

 

Fear Takes A Positive Session To Another Big Loss

Look for a neutral-to-negative open for Wednesday.  Jobs payroll ADP report and earnings/ outlook in focus for the start.  The afternoon Barometer model changed the BLI back to negative.  Traders are unable, or unwilling, to stay positive Wednesday, sacked the market at the close Wednesday, with the Dow and S&P 500 losing 1 percent, while the NASDAQ lost 1.2 percent.   Wednesday, June 30, 2010,  8:54  A.M. Eastern- updated 9:49 pm Eastern

 

Global Markets Sell Off On Economic Slowdown

Look for a negative open Tuesday.  Global sell off on more debt worries and China slowdown has U.S. stocks ready to sell off Tuesday. The afternoon model run changed the Bias to negative.  This change comes prior to a possible forecast change to negative, which could indicate more room on the downside to go.   Tuesday, June 29, 2010,  9:04  A.M. Eastern- updated 3:39 pm Eastern

 

U.S. equity market comes up short Monday

Look for a neutral flat open, could turn mixed Monday.  New week, same old game; stocks end short of the unchanged line as the market awaits the payroll report later in the week.   Monday, June 28, 2010,  8:56  A.M. Eastern- updated 5:50 pm Eastern

 

U.S. Stocks Manage To End With Some Gains

Look for a neutral-to-positive open Friday.  GDP and earnings/ outlook in focus for the start.   Friday, June 25, 2010,  8:56  A.M. Eastern- updated 4:09 pm Eastern

>  First quarter GDP revised lower.

 

Fear Grabs Traders Again Sending The Stock Market Lower

Look for a neutral-to-negative open Thursday.  Jobless initial claims, Durable Goods report, and earnings/ outlook in focus for the start.  Once again fear takes stocks lower as traders continue to sell down positions.   Thursday, June 24, 2010,  8:58  A.M. Eastern- updated 4:51 pm Eastern

>  Jobless new claims drop 19,000- chart.

 

Fed Kept Rates Steady- Stocks Post Mixed Results

Look for a neutral-to-positive open Wednesday.  Fed FOMC meeting, Gulf oil spill, and earnings/ outlook in focus for the start.   Wednesday, June 23, 2010,  8:56  A.M. Eastern- updated 4:30 pm Eastern

 

Another Up Day Fizzles As Traders Fear Continues

Look for a Neutral-to-positive open Tuesday.  Fed FOMC meeting, General McChrystal on hot seat over comments and the BP oil spill as well as earnings/ outlook in focus for the start.   Tuesday, June 22, 2010,  8:59  A.M. Eastern- updated 4:46 pm Eastern

 

Rally Fizzles- Traders Not Impressed With China Policy

Look for a positive open for Monday.  Oil spill in the Gulf and China monetary policy as well as global stock markets boost sentiment with earnings/ outlook in focus for the start.  China's Yuan monetary policy change got the global markets in rally mode, in the U.S. too, but enthusiasm faded, sending the stock market to a loss.   Monday, June 21, 2010,  9:04  A.M. Eastern- updated 4:48 pm Eastern

 

Flat But Positive Session Sees A Bias Upgrade

Look for a neutral-to-negative flat open for Friday.  Gulf oil spill and earnings/ outlook in focus for the start.  Afternoon model run has changed the Bias to neutral from negative.   Friday, June 18, 2010,  9:01  A.M. Eastern- updated 4:01 pm Eastern

 

Stocks End With A Slight Gain As BP CEO Gets Grilled

Look for a neutral-to-positive open Thursday.  BP oil spill and the EU still the focus, as well as, consumer inflation report and jobless initial claims.  Stocks were mired in negative territory Thursday, but managed to spike higher to close, with a small gain.  Tony Hayward, BP Group Chief Executive, was grilled by congress today on the basic questions of what went wrong and who's to blame.  Model data today, once again, was prepped to upgrade the Bias but fell short slightly as Fridays market could see the upgrade.   Thursday, June 17, 2010,  8:49  A.M. Eastern- updated 5:42 pm Eastern

>  CPI declined in May helped by declining energy prices.

>  New unemployment claims jump- chart.

 

Stocks Post Mixed- Not A Bad Day Considering

Look for a negative open Wednesday.  More bad news will take stocks down today.  The big question is, can we end well off the low of the session.  Today will be a good gauge of how the stock market future will play out.  Rumors and bad news from the EU and sour economic data didn't derail the rally.  Stocks posted up mixed Wednesday as traders had enough excuses to sell off.  Barometer model suggest we are coming out of the correction.   Wednesday, June 16, 2010,  8:55  A.M. Eastern- updated 4:43 pm Eastern

>  Manufacturing prices decline in May- Consumer data tomorrow.

>  Home construction and permits fell in May.

 

Rally Holds Together;  BLI Gets Upgraded To Neutral

Look for a neutral-to-positive open Tuesday.  Greece downgrade and BP oil spill in focus for the start as well as earnings.  Afternoon model run is changing the BLI to neutral from negative.  A neutral BLI (Barometer Leading Indicator) indicates a moderate probability that this turnaround, started last Thursday, is for real.  Additional neutral to positive sessions are expected which could also change the Bias to neutral.  A neutral Bias change, if and win it happens, would indicate a more positive environment for stocks and would be one step closer to upgrading the Forecast back to positive.   Tuesday, June 15, 2010,  8:50  A.M. Eastern- updated 5:50 pm Eastern

 

Greece Downgrade Kills The Rally Possibly The Momentum

Look for a positive open Monday.  Oil spill and the economy in focus for the start as well as earnings outlook.  Rally dies after news that Moody's downgrades Greece as buyers are sidelined on the news.  Model data showed a good chance of an upgrade (Bias or BLI) prior to the news.  It will be important for buyers to come back into the market Tuesday and bid shares higher if this 'hoped for' turnaround is to continue.   Monday, June 14, 2010,  8:49  A.M. Eastern- updated 4:57 pm Eastern

 

Traders Boost Stocks Higher Led By Tech

Look for a negative open for Friday.  Retail sales data and the BP oil spill in focus for the start.   Friday, June 11, 2010,  8:49  A.M. Eastern- updated 3:49 pm Eastern

 

Big Win For Bulls Thursday- Look For Repeat?

Look for a positive open.  Jobless initial claims data and the BP oil leak in focus for the start.  Big win for the stock market bulls, but one day aint a trend.  Barrowing a phrase from Basketball, we need a three peat to get this Bull market back on track.  Market Barometer model shows a chance that today's rally is for real and that it could continue.  It will be very important that this doesn't get derailed back to more selling.  Friday could be a critical session for the Bulls.   Thursday, June 10, 2010,  8:59  A.M. Eastern- updated 4:52 pm Eastern

>  Unemployment new claims continue to slowly decline- chart.

 

Bears win again as fear continues to control markets

Look for a neutral-to-positive open Wednesday.  BP oil spill in focus for the start.  Fed Chief Bernanke to testify on the Hill today.  All the good news from Bernanke and the economy doesn't do it for traders, as EU fear still trump.   Wednesday, June 9, 2010,  8:53  A.M. Eastern- updated 4:54 pm Eastern

 

Dollar Sinks Sending Stocks Higher In Late Session Tuesday

Look for a neutral-to-positive open Tuesday.  The economic recovery- jobs and the Gulf oil spill is in focus for the start.  U.S. stock market struggles with the Dollar Tuesday, surging higher late in the session as the Dollar sinks.   Tuesday, June 8, 2010,  8:49  A.M. Eastern- updated 3:44 pm Eastern

 

Traders Continue To Scale Back Positions Sending Stocks Lower

Look for a neutral-to-positive open for Monday.  Continuing to scale back in favor of the Dollar, traders add to already hefty losses with an addition 1 to 2 percent Monday.  Monday, June 7, 2010,  8:49  A.M. Eastern- updated 4:52 pm Eastern

 

Stocks Get Slammed On Concerns Over Economic Recovery- Here And Abroad

Look for a negative open Friday.  nonfarm payroll and unemployment report is in focus for the start.   Friday, June 4, 2010,  8:51  A.M. Eastern- updated 4:36 pm Eastern

>  nonfarm jobs well below estimates, Futures indicate sell off.

>  Unemployment rate drops to 9.7 percent.

 

Tech Leads The Broader Market Higher Anticipating Blowout Jobs Report

Look for a neutral-to-positive open Thursday.  ADP report and jobless new claims data in focus for the start as well as the Gulf oil spill.  After a short visit to negative territory midday, tech stocks ramp up in afternoon trade, taking the rest of the market to a positive end.   Thursday, June 3, 2010,  8:59  A.M. Eastern- updated 4:35 pm Eastern

>  Initial unemployment claims drops 10,000 last week- chart

 

Buyers Bid Share Prices Up Ramping The Market Higher

Look for a neutral-to-positive open for Wednesday.  Global tension, Europe worries, and the Gulf oil crises is in focus for the start.  Energy stocks get the big thumbs up by traders and investors Wednesday as share prices roared ahead helping the stock market rally while short covering, further boosting prices.   Wednesday, June 2, 2010,  8:57  A.M. Eastern- updated 4:43 pm Eastern

 

Stocks Try For Unchanged But Fell Short On This Shortened Week

Look for a negative open Tuesday.  Oil spill crises and the EU problems in focus for the start.  Political tensions overseas, the Gulf oil spill, and continuing Euro-Dollar action had stocks choppy all day with a sell-off in the last half-hour.   Tuesday, June 1, 2010,  8:49  A.M. Eastern- updated 4:01 pm Eastern

 

May Stock Performance Set Sour Outlook For Summer Months

Look for a neutral-to-mixed open Friday.   Income and Outlays data and the EU debt crises in focus for the start.  May is history with wide losses as traders and investors look out several months of more of the same.  Dollar-Euro trade extend the selling in stocks with the major indexes showing better than one percent loss on the session; Spain downgrade indicated as reason.   Friday, May 28, 2010,  9:04  A.M. Eastern- updated 4:52 pm Eastern- CORRECTED 4:41p

>  U.S. markets closed Monday for Memorial Day holiday.

 

Dollar Falls On China Sends Stocks To Rally

Look for a positive open Thursday.   GDP and initial claims data in focus for the start as well as the EU troubles.  U.S. stocks rally Thursday on the back of the Dollar inverse trade with the Euro as the China Administration (SAFE) said selling of Euro bonds was "groundless".  Stocks have been tied to the Dollar and today's action with the Dollar and Short covering sent the major indexes higher by 3 percent in the broader market.   Thursday, May 27, 2010,  9:00  A.M. Eastern- updated 5:38 pm Eastern

>  GDP for Q-1 revised lower- chart.

>  Initial jobless claims drops 14,000 to 460,000- chart.

 

Stocks Tumble To The Close After Positive Session

Look for a positive open for Wednesday.   Global markets and Durable Goods report in focus for the start.  Dollar-Euro trade sink stocks Wednesday as continue fear of EU debt problems send Dollar index higher.   Wednesday, May 26, 2010,  8:56  A.M. Eastern- updated 4.57 pm Eastern

 

Stocks Steadily Advance Off The Low To Close Mixed

Look for a negative open Tuesday.   Europe debt worries and Korean tension in focus for the start as well as global markets sell off on EU troubles.  Stocks down over 2 percent at the start of trading, steadily have trended higher, trying to close near the unchanged line.   Tuesday, May 25, 2010,  8:49  A.M. Eastern- updated 4:35 pm Eastern

 

EU continues to torment U.S. stocks sending the averages to the low of the session

Look for a neutral-to-negative open Monday.   More EU debit worries and earnings/ outlook in focus for the start.  Europe debt concerns continue to torment stocks worldwide as Mondays hee-haw action accelerated near the close as selling picked up.   Monday, May 24, 2010,  8:58  A.M. Eastern- updated 4:40 pm Eastern

 

 

Stocks Rally Back To Gain Some Of Weeks Loss

Look for a negative open Friday.   EU worries global concerns in focus for the start.  An overdone sell this week set traders and some investors to bid stocks up Friday sending the indices up, recovering a small portion of this weeks loss.   Friday, May 21, 2010,  8:51  A.M. Eastern- updated 10:29p Eastern

 

Fear Took Stocks Lower For Third Straight Session

Look for a negative open Thursday.  EU and global economic recovery worries has traders on edge this morning- oil and gold down as traders build cash and Treasury's.  Fear nearly zaps everything of value Thursday, as traders and investors continue to build cash position.  Nearly everything moves lower Thursday- the Dollar- Gold- oil- stocks- Nat gas.  Stocks are hammered Thursday sending the major averages lower by nearly 4-percent.   Thursday, May 20, 2010,  8:53  A.M. Eastern- updated 5:42p Eastern

 

Lots Of Worry For Traders Sends Stocks Down Again

Look for a neutral-to-negative open Wednesday.   Consumer Price data and earnings/ outlook in focus for the start, as well as the continuing global economic recovery concerns of traders.  PPI and CPI data show there's not really a concern for inflation and today's FOMC minutes release of the last Fed meeting shows a recover underway with no interest rate hike anytime soon.   Wednesday, May 19, 2010,  8:49  A.M. Eastern- updated 4:41p Eastern

 

Buyers Step Aside, Stocks Slide On Recovery Worries

Look for a neutral-to-positive open for Tuesday.   PPI, housing data and earnings/ outlook in focus for the start.  One track mind for traders, as recovery concerns mount and no one wants to bid stocks up- it's easer to sell than buy- no buy side catalyst.  Tuesday, May 18, 2010,  8:52  A.M. Eastern- updated 4:35p Eastern

 

Comeback Monday- stocks return to unchanged

Look for a neutral flat open Monday.  Could turn negative.   Earnings/ outlook in focus for the start.  Last Monday is was a major rally, this Monday, a sell off, and recovery to near the unchanged line.  Stocks trade inverse to the Dollar as noontime was the turning point for both, sending equities to rally to the unchanged line.   Monday, May 17, 2010,  8:49  A.M. Eastern- updated 4:37p Eastern

 

Dollar Up, Stocks Down On EU Worries

Look for a negative open Friday.   Retail sales and earnings/ outlook in focus for the start as well as the U.S. Dollar.  Traders continue to worry over credit problems, especially those of the EU.  Stocks fell as the Dollar rose against the Euro Friday.   Friday, May 14, 2010,  8:49  A.M. Eastern- updated 10:30p Eastern

 

Stocks Take Back Most Of Yesterdays Gain After Failed Test

Look for a neutral-to-negative open Thursday.   Jobless initial claims and earnings/ outlook in focus for the start.  S&P 500 fails resistance test at 1173, fall accelerates towards the close.  Reports that Cisco exec sees economic recovery concern and a sour jobless new claims report took its toll on traders.  Unable to push the S&P 500 past resistance levels, sent stocks down taking back earlier gains.   Thursday, May 13, 2010,  8:59  A.M. Eastern- updated 9:31p Eastern

 

Stocks Stair Step Higher Testing Resistance

Look for a neutral-to-positive open Wednesday.   Earnings/ outlook in focus for the start.  U.S. stocks head higher Wednesday to test resistance levels 1170-1174 with Thursdays market to try and push through, helped by Cisco Systems earnings outlook- csco down in the after market.   Wednesday, May 12, 2010,  8:54  A.M. Eastern- updated 5:42p Eastern

 

Stocks Go Flat Give-Up Gain; Forecast Downgraded To Caution

Look for a neutral to negative open Tuesday.   Market set to give back some of Monday's gain as traders eye China as next worry.  Earnings/ outlook winding down as most companies have posted results.  The afternoon model-run has downgraded the forecast to caution.  Traders still having concerns over the EU bailout package, selling into the rally Tuesdays, sending the market to a flat end.   Tuesday, May 11, 2010,  8:49  A.M. Eastern- updated 4:29p Eastern

 

Stocks Rebound Posting Near Session High On EU Rescue Package

Look for a rally to open Mondays market.   Greece bailout over the weekend has futures way up for the open.  Also earnings/ outlook is also in focus for the start.  Rally Monday recovering some of the loss of last weeks massive selling, but traders watch the close for signs of weakness.  Barometer model data show uncertainty in traders-rally Monday as a lot of the gain could be contributed by Shorts covering and more days of positive ness would be needed before the Bias and BLI can be upgraded.   Monday, May 10, 2010,  8:49  A.M. Eastern- updated 4:53p Eastern

 

Traders Not Done Selling Yet- Bias Downgraded To Negative

Look for a neutral flat open Friday, could turn negative at the start.   Payroll jobs report and yesterdays massive sell off as well as earnings/ outlook in focus for the start.  The Market Barometer afternoon model run has changed the Bias to negative.  Traders are not finished with the sell side of the market as stocks continue to move lower.  A very good payroll jobs report had zero effect over markets as Greece contagion on traders crosshairs.   Friday, May 7, 2010,  9:07  A.M. Eastern- updated 4:37p Eastern

>  Futures rise on payroll jobs report for April and revisions.

 

Probable Faulty Trade Cause Massive Sell Off

Look for a neutral-to-negative open Thursday.   Jobless new claims and productivity data as well as earnings/ outlook in focus for the start.  Afternoon model has downgraded the BLI to negative, suggesting a direction turn in the stock market.  This means sufficient negative ness is in place for a probable major turn lower for the S&P 500 indexes.  Reports circulating that the Dow's nearly 1,000 point drop was a faulty trade.  Stocks were clearly on the way down when the selling steepened to frightening levels.  Reports are that the faulty trade was a P&G (PG) stock or futures trade caused by a brokerage or bank.   Thursday, May 6, 2010,  8:49  A.M. Eastern- updated 9:55p Eastern

>  Q-1 productivity slows set negative tone for start.

>  Unemployment new claims drop for third week- chart.

 

Another Bad Stock Day As The Bias Is Lowered To Neutral

Look for a negative open Wednesday.   Earnings/ outlook in focus for the start as well as ADP data.  Afternoon Barometer model run changed the Bias to neutral.  A neutral Bias indicates a degree of uncertainty with the forecast.  U.S. stocks continue yesterdays sell off with an additional 1/2 to 1 percent loss.  The major averages were able to end off the lows of the session, but negative ness still ruled the day.  So where does the stock market go from current levels, you might ask.  Model data suggests the bull market continues, a bullish position that has an exception.   Wednesday, May 5, 2010,  8:53  A.M. Eastern- updated 5:52p Eastern

 

Volatility Is Back As Worried Traders Take Back Yesterdays Gain

Look for a negative open Tuesday.   Spain and Portugal debt worries on the increase and China factory slowdown in focus for the start as well as earnings.  Traders concerns over Europe debt issues and how that might play out past Greece troubles, specifically who is next and the effect on the EU had traders bouncing around equities and the Dollar, as equities lost out, sending the major indexes lower.  Model data continues to degrade as uncertainty over Greece, the EU, China's slowdown, and U.S. stocks (possibly being pricey) has traders and investors skittish.   Tuesday, May 4, 2010,  8:51  A.M. Eastern- updated 4:52p Eastern

 

Greece Gets Bailed Out, Stocks Rally Maintaining Near Session High

Look for a neutral-to-positive open Monday.  Greece and M&A and earnings/ outlook in focus for the start.  Greece and Europe's debt problems come and go and over the weekend a bailout was signaled helping traders to send stocks up.  UAL Continental merger helped traders move towards the buy side but Gulf oil spill BP problems dampen sentiment slightly.   Monday, May 3, 2010,  8:45  A.M. Eastern- updated 5:55p Eastern

 

Barometer forecast gets downgraded to caution

Market Barometer model-run, this afternoon, downgraded the forecast to caution from positive.  Data from the models suggest news tends to be a major concern for traders at this juncture, be it negative or positive, and that traders are not willing to let news-detail settle-out but traders are predisposed to sell or buy with a fast trigger finger rather than make investment-type trades.  Traders don't want to be the last in or out of the building (metaphor) so they tend to overshoot targets, to play it safe.

 

A caution forecast is not bad or good, necessarily.  A caution forecast means cash may have to be adjusted to accommodate greater risk for the period.  Next few sessions, while the BLI and Bias are still in a negative position, may be the riskiest period.  Watch for easing of these indicators that might indicate a less tense period of concern.       Tuesday, May 11, 2010

 

EU rescue package rally stocks, Dow up over 400 points

Big Rally Monday, thanks to EU rescue package, after last weeks big sell off, thanks to EU inaction, as investors and traders send shares up while Short's try to cover.  The rally recovered some of last weeks massive sell off but traders watched Mondays close for signs of weakness.  No weakness was found as stocks end the session slightly off the high.

 

Market Barometer model data shows uncertainty in traders-rally Monday as a lot of the gain might be contributed by short covering.  More positive sessions are needed before the BLI and Bias indicators can be moved back to neutral.       Monday, May 10, 2010

 

TGIF evening and marketeers can lick their wounds

The Barometer program model Friday downgraded the Bias to negative from neutral.  Traders are not finished with selling the market down as fear grip traders and until Greece debt problems are secured and no other Europe Union country is tagged, traders will take the easy trade.  An unexpected payroll jobs report (290,000 job created) did little for traders Friday as the Greece contagion has grip the market and stocks could still be in jeopardy even at these levels as the global environment look to be iffy, as traders see things, and guess what, the path of least resistance today is down.       Friday, May  7, 2010

 

 

Bias downgraded by Barometer model

Forecast models are working overtime. The same afternoon model run as yesterdays BLI downgrade is changing the Bias to negative today.

Model data continues to indicate conditions for the stock market are not improving but worsening.  Moving the Bias to negative is the last step before changing the forecast to caution.

Data suggests because of Greece and the infection that could spread, traders could continually dump stocks if conditions deteriorate further.  The stock market outlook page has more on the downgrade...       Friday, May  7, 2010

BLI downgrade amid problematic P&G trade

The afternoon Barometer model run (run occurred at 2:52p) downgraded the BLI to negative from neutral on Thursday.  Data from the models, even though modified by a potential faulty P&G trade, indicate a turn in sentiment.  Traders are fearing that Greece credit troubles could spread Globally, causing stocks in the U.S. or stocks having earnings globally, to continue to run lower, in the coming weeks and months.

 

It is hard to determine where real trading and the faulty trading inspired declines occurred, but it is clear that the stock market was already moving lower on Greece troubles when the so called trading glitch occurred around 2:45p.  Fridays markets will be important for further determining where we go from these levels.       Thursday, May  6, 2010

 

Barometer model lowers the Bias to neutral

The Barometer afternoon model-run downgraded the forecast-Bias to neutral.  A neutral bias shows a degree of uncertainty with model data.

 

Equities continued Tuesdays sell off with the Dow Jones Industrials and S&P 500 off by nearly 0.5 percent with the NASDAQ index off near one-percent.  Even though the major indexes ended off the low of the day, the negative ness by traders still rule markets.

 

The question is where will the stock market go from here.  Market Barometer model data suggest that the Bull market is still alive, a bullish outlook with an exception.

 

Market fundamentals are good, the exception is traders react to negative news by immediately selling and then trying to figure out what the news really means.  That is why we have one day up and the next day down.

 

Always be aware and watch for forecast changes that will come sooner or later.  A positive neutral neutral forecast indicates a continuing bull market with some pullbacks that could come at any time.  See the forecast outlook page for a brief description of the indicators.       Wednesday, May  5, 2010

 

So where does the stock market go from today's levels.

Market Barometer Model data suggest a continuation of the bull market, almost at the same pace of the prior 14-months but with a slight less degree of confidence.

 

Some analysts and forecasters say stocks are pricey and a correction- pullback is very real at these levels.  A positive neutral neutral forecast is still a bullish position that could last for some time to come.

 

Fundamentals are one thing and market change on news is another.  Always watch the forecast display (top left) for change.  If the situation gets worse the BLI and/or Bias will go negative prior to a downgrade of the forecast itself.       Wednesday, May  5, 2010

 

Stocks sell off amid Greece, EU worries and more

Europe's credit problems and what could play-out past Greece debt rescue, plagued traders Tuesday.  The big question is what country might be next to ask for a bailout.  Will it be Portugal or Spain or one of the other EU countries and how will it affect the European Union, traders wonder.

 

Almost all the news today had market traders bouncing from the equity side, to the Dollar, to oil, and other commodities.  Like the past several months, when it comes to that kind of tradeoff, the stock market will loss every time.

 

Today's worries sent the Dow Jones, S&P 500, and the NASDAQ down, closing near the low of the day.  The Market Barometer forecast models are degrading somewhat because of the volatility in the stock market, over Greece bailout uncertainty, European Union manageability of the crises, China's factory production slowdown, and U.S. stock market being somewhat pricey at these levels.

 

It would be like the market to be up Wednesday if there is some good news but much more selling could signal a direction change.  Watch the forecast indicator (top left) for changes.       Tuesday, May  4, 2010

 

Negative start seen for stocks Tuesday

The U.S. stock market gets off to a very negative start Tuesday on lots of concerns.

 

Portugal and Spain worries by traders and investors are increasing.   China's manufacturing slowdown is in focus for the open of business as well as earnings and outlook.

Greece, Spain, Portugal and Goldman Sachs worries traders, also the Gulf oil spill are having a negative effect over Barometer model data- downgrades to the forecast are possible this week.       Tuesday, May  4, 2010

 

Stocks rally back recovering most of Fridays loss

Europe's continuing credit troubles- specifically Greece (right now) possibly Spain and Portugal- in the near future, are sending stocks up and down nearly daily on news items that continue to haunt investors and traders.  Over the weekend a bailout was signaled by the EU and IMF of a bailout package which helped investors and traders to send U.S. stocks up Monday.

 

UAL and Continental Airlines, merger of equals they say, with UNITED on the front of the planes and Continentals world logo on the tail, helped traders to move off the sidelines to the buy-side, while the Gulf oil spill put a damper on market sentiment Monday.

 

The Dow and S&P 500 ramped up by 1.3 percent, and the NASDAQ rallied by 1-1/2 percent.       Monday, May  3, 2010

 

Greece and Goldman Sachs are effecting model data

Market Barometer forecast models indicate a neutral BLI, which is a proper setting for the indicator at this time.  The stock market is reacting OK to earnings, but Greece and Goldman worries are having some effect over model data- downgrades to the forecast are possible next week.       Saturday, May  1, 2010

 

Buyers sidelined Friday as bad news rules

Buyers were sidelined Friday with Greece credit problems and Goldman Sachs (GS) widening troubles set the tone for Fridays market as equities retreated to session lows.  Next week could be very important for the stock market as Market Barometer model data is degrading such that indications of a possible change to the forecast is increasing.       Friday, April  30, 2010

 

Market consolidates past two weeks of gains

The stock market Monday was choppy and mixed along the unchanged line with a slight move lower  towards the close of business.       Monday, April  26, 2010

 

Sluggish stock market could lead to sell off

The stock market was kind of sluggish Wednesday, as traders are in the midst of trading earnings, where stock buying follows earnings performance.  Some analysts and forecasters are becoming wary over the stock market, as it has run-up a lot since March 2009, where the bear market turned bullish.  Stocks are up so much, worried traders are growing nervous and the mentality of shoot and ask questions later  --sell the news--  may be close.  watch for changes to the forecast, left side upper corner.       Wednesday, April  21, 2010

 

Earnings and corporate forecast send stock up

Earnings season brings quarterly earnings and corporate forecasts which traders trade on as with today's market along with the energy sector sent equities higher with more to come this evening.  The Dow added a slight gain on the session while tech and the broader market rocked with a 0.81 percent gain.  Apple Inc. and Goldman Sachs blowout earnings is sure to send stocks galloping to new year highs Wednesday, barring any dreadful bad news.....       Tuesday, April  20, 2010

 

Market Down On Greece And Goldman Worries

Look for a neutral flat open for Fridays.   GDP and earnings/ outlook in focus for the start.  GDP data sends futures lower.  Greece and Goldman set the tone Friday as stocks retreat to the lows of the session.  Could be an important upcoming week as Barometer data is degrading, indicating possible changes.   Friday, April 30, 2010,  8:22  A.M. Eastern- updated 4:30p Eastern

 

Stocks Continue To Recover Tuesdays Loss With Broad Based Rally

Look for a neutral-to-positive open for Thursday.   Earnings/ outlook in focus for the start as well as initial jobless claims.   Thursday, April 29, 2010,  9:10  A.M. Eastern- updated 11:35P Eastern

 

Europe Debt Concerns Doesn't Keep U.S. Stocks From Rising

Look for a neutral-to-positive open.   Earnings/ outlook in focus for the start.   Wednesday, April 28, 2010,  9:10  A.M. Eastern- updated 4/29/2010, 12:26a Eastern

 

Broader Market Drops Over Two Percent On Data And Goldman Senate Hearing

Look for a neutral-to-negative open Tuesday.   Earnings/ outlook in focus for the start.   Tuesday, April 27, 2010,  9:01  A.M. Eastern- updated 4/28/2010, 12:36a Eastern

 

Tech  Market Falls While The Broader Market Ends Slightly Lower

Look for a neutral flat open Monday.   Earnings/ outlook in focus for the start.  Choppy session with a slight sell off towards the close.   Monday, April 26, 2010,  9:17  A.M. Eastern- updated 4/27/2010, 1:58a Eastern

 

Economic Recovery And Earnings Turn Stocks Higher

Look for a neutral flat open Friday.   Durable Goods report and earnings/ outlook in focus for the start.  Regardless of some troubles, traders continue to advance stocks.   Friday, April 23, 2010,  10:17  A.M. Eastern- updated 4/24/2010, 10:21a Eastern

 

Negative Start Turns Positive End With Tech In The Lead

Look for a negative open Thursday.   Jobless initial claims and manufacturing prices as well as earnings/ outlook in focus for the start.  Tech leads the broader market into positive territory as earnings continue to rule.  The Government reported jobless new claims fell last week and manufacturing prices rose in March had little effect over today's stock prices as traders are trading earnings based on expectations.   Thursday, April 22, 2010,  8:56  A.M. Eastern- updated 4:35p Eastern

 

Stocks Go Flat Ahead Of Data And More Earnings

Look for a neutral-to-positive open for Wednesday.   Earnings/ outlook in focus for the start.  Stocks are getting tired as each up or down session follows earnings.  More and more analysts are getting nervous over the stock market for fear of a correction.  Stocks have run up so much that the fear now is 'sell the news' time, or getting close.  Watch the bug for a change.   Wednesday, April 21, 2010,  8:49  A.M. Eastern- updated 4:58p Eastern

 

Earnings Continue To Tick Stocks Higher

Look for a neutral-to-positive open Tuesday.   Earnings/ outlook in focus for the start.  Earnings and energy stocks send the market higher Tuesday with more earnings to come this evening for Wednesday trade.  With Apples blowout earnings report, stocks should continue to gallop on the way to new yearly highs.   Tuesday, April 20, 2010,  8:50  A.M. Eastern- updated 9:57p Eastern

 

Financials Lift Stocks Into Positive Territory For A Mixed Session

Look for a neutral-to-negative open Monday.   Earnings/ outlook in focus for the start.  Financial earnings and a better feel for the Goldman problem eases traders fear, sending stocks up Monday with tech lagging.   Monday, April 19, 2010,  8:53  A.M. Eastern- updated 4:22p Eastern

 

Goldman Sachs Fraud Charges Send Stocks Reeling

Look for a neutral-to-negative open for Friday.   Earnings/ outlook in focus for the start.  Stocks reel Friday after announcement by the SEC that fraud charges would be brought against Goldman Sachs.  Stocks fell in a knee jerk reaction, but stabilized to regain some off the loss, closing 1 to 1-1/2 percent lower.   Friday, April 16, 2010,  8:53  A.M. Eastern- updated 4:45p Eastern

 

U.S. Stock Market Gains For A Sixth Straight Session

Look for a neutral-to-negative open Thursday.   Jobless new claims data and earnings/ outlook in focus for the start.  Despite bad news on the jobs front, the U.S. stock market added another positive session, making it six straight sessions for the major indexes.  A disappointing rise in jobless new claims didn't slow traders down, as they sent the broader market up for a slight gain Thursday and nearly 1/2 percent gain for the tech sector.   Thursday, April 15, 2010,  8:49  A.M. Eastern- updated 4:50p Eastern

>  Unemployment new claims rose to 484,000, up 24,000- chart shows channeling of claims.

 

Intel Inspires Tech Surge, Broader Market Follows

Look for a neutral-to-positive open Wednesday.   Consumer prices and retail sales data as well as earnings/ outlook in focus for the start.  Intel and CSX earrings along with JPMorgan results send stocks way up compared to previous weeks of mostly inching higher.  Earnings is under way with traders ready to trade the news.   Wednesday, April 14, 2010,  8:49  A.M. Eastern- updated 5:58p Eastern

 

Stocks Inch Up, Slow Grind Higher Continues

Look for a neutral flat open.   Earnings/ outlook in focus for the start.  Trade deficit was the only fresh data this session that saw stocks sluggish as traders and investors trade earnings news (Alcoa) and hope for a better start with CSX and Intel later this afternoon.  Stocks continue to grind higher adding to already heavy market gains of the past 13 months.   Tuesday, April 13, 2010,  8:49  A.M. Eastern- updated 4:50p Eastern

 

Stocks Go Flat Ahead Of Alcoa; Dow Posts Above The 11,000 Mark

Look for a neutral flat open.   Earnings/ outlook in focus for the start as well as Greece worries continue.  Equities go flat Monday as traders gear up for earnings season with Alcoa reporting after the close.  Alcoa reported as expected, mostly inline with expectations, sees their markets improving.  Share price (AA) is slightly lower in the after hours.   Monday, April 12, 2010,  8:52  A.M. Eastern- updated 5:00p Eastern

 

Greece On Again Off Again Headlines Doesn't Stop Dow 11,000

Look for a neutral-to-positive open Friday.   Earnings/ outlook in focus for the start.  The Dow Jones Industrials hit 11,000, in late trade Friday, as traders cheer the less than 30-second accomplishment.  The Dow closes slightly under the non technical level with the other major indexes posting gains on the session and week.   Friday, April 9, 2010,  8:50  A.M. Eastern- updated 4:44p Eastern

 

Stocks Rebound Midday Recover Most Of Yesterdays Loss

Look for a neutral-to-negative open.   Jobless initial claims and earnings/ outlook in focus for the start as well as retail sales for March.  Stocks rebound, break even midday, trend up to close with a gain, recovering most of yesterdays broader market losses- NASDAQ recovers all of Wednesdays loss.   Thursday, April 8, 2010,  8:49  A.M. Eastern- updated 4:47p Eastern

>  Jobless new claims jump 18,000, chart shows a leveling out.

 

Stocks Dive- Recover Some Lost Ground In Mid Afternoon Trading

Look for a neutral-to-negative open Wednesday.  Mixed news today with Alan Greenspan testifying, defending is tenure, while Bernanke got somewhat upbeat with the economic recovery, and consumer confidence was reported to be in the dumps- sends mixed signals to traders Wednesday, sending equities lower, ending just about halfway between the highs and lows of the session.   Wednesday, April 7, 2010,  8:49  A.M. Eastern- updated 4:45p Eastern

 

Broader Market Flattens Out While Tech Continues The Climb Higher

Look for a neutral-to-negative open.   Dollar and oil prices in focus for the start.  No fresh economical data saw stocks advance, end well off the high, as tech continues a strong advance with the broader market trailing.  Fed FOMC meeting minutes reiterated no rate hike for an extended period.  A slow news day saw some advances and losses...   Tuesday, April 6, 2010,  8:42  A.M. Eastern- updated 10:50p Eastern

 

Tech Leads The Broader Market Higher On Economic Recovery Signs

Look for a neutral-to-positive open for Monday.   Jobs payroll reports and iPad sales in focus for the start.  Jobs data Friday and continuing upbeat economical reports help send stocks higher Monday after long holiday weekend.  Dow closes in on the 11,000 mark which traders expect before a correction.   Monday, April 5, 2010,  8:49  A.M. Eastern- updated 4:58p Eastern

 

U.S. stock market is closed for holiday

U.S. stock market is closed for the Good Friday holiday.  Markets will reopen Monday, normal schedule.  U.S. futures moved slightly on news of the U.S. creating jobs in March, after a long stretch of Americans losing jobs.  U.S. markets are closed as traders will have to wait until Monday to trade the news, which may have come in a little less than most had expected.   Friday, April 2, 2010,  10:56  A.M. Eastern

 

Buying In Last Minutes Send Stocks Back Up Near Highs, Model Triggers Downgrade Anyway

Look for a positive open.   Initial jobless claims and earnings/ outlook in focus for the start.  Stocks rebound in last hour with heaver volume in the last minutes of the session to end near the high of the day.  The April Fools move caught traders a little short near the end and had to pile on which sent stocks back up after a scary move lower to the unchanged line.   Thursday, April 1, 2010,  8:48  A.M. Eastern- updated 11:48p Eastern

>  Afternoon model run changed the BLI to neutral.

>  Unemployment new claims drop, continuing the trend lower- chart.

 

Stocks Ink Red As Model Data Leans Neutral Awaiting Action Thursday

Look for a neutral-to-negative open Wednesday.   ADP jobs report and Fridays nonfarm payroll- unemployment report in focus for the start.  The ADP report, this morning, left traders with a sour outlook on trading, as stocks relent, moving into negative territory, while the Barometer models are leaning towards a possible downgrade of the BLI, as early as Thursday.   Wednesday, March 31, 2010,  8:46  A.M.- updated 4:45p Eastern

 

Stocks Post Mixed End With The Broader Market Virtually Unchanged

Look for a neutral flat open for Tuesday.   Earnings/ outlook around the corner and Fridays nonfarm payroll in focus for the start.  Slow day as stocks dip in and out of positive territory to end flat ahead of the last trading session of March and the first quarter.   Tuesday, March 30, 2010,  8:49  A.M. Eastern- updated 4:49p

 

U.S. Stocks Gain Amid Consumer Data And Dollar Decline

Look for a neutral-to-positive open Monday.   Personal Income and Outlays report in focus for the start.  Short week and nearing end to First Quarter as traders rebalance, push stocks higher.  Consumer spending rose 0.3 percent in February.  Income rose less than 0.1 percent in February.  Dollar under pressure as Greece settles, helps stocks Monday.   Monday, March 29, 2010,  8:57  A.M. Eastern- updated 4:57p

>  Short week with lots happening, especially nonfarm payroll report.

 

Rally Gets Snuffed Again Amid News Of AT&T 1-Billion Charge On Health Care

Look for a neutral-to-positive open Friday.   GDP and payroll jobs data next Friday in focus for the start.  Once again stocks got off to a great start, ramping higher early, but near the noon-hour the rally got snuffed amid news that AT&T is planning a one billion charge on health care reform.  GDP data, which was adjusted lower, got traders buying equities right out of the start.  Somewhat like yesterdays session, stocks couldn't hold the gains, fell to end mixed at the unchanged line.   Friday, March 26, 2010,  8:52  A.M. Eastern- updated 5:44p

>  GDP for the 4th quarter was 5.6 percent, revised lower from previous estimate.

 

Rally Ends At The Unchanged Line Ahead Of GDP

Look for a positive open Thursday.   Jobless initial claims data in focus for the start as well as GDP data tomorrow and nonfarm payroll next Friday.  The stock market rally ended at 1:30pm ET as the Dollar ramped higher sending the stock market lower to its mixed end, as investors and traders prepare for tomorrows GDP.  Stocks got off to a rip roaring start on Best Buy and Qualcomm outlook but troubles spark the Dollar to shoot higher as traders sell equities down.   Thursday, March 25, 2010,  8:49  A.M. Eastern- updated 4:52p

>  Jobless initial claims takes another drop to 442,000- chart.

 

Traders Take Profit Ahead Of Jobless Data Tomorrow, GDP Friday

Look for a neutral-to-negative open for Wednesday.   Durable Goods report in focus for the start.  Traders take profit Wednesday ahead of fresh major data this week and next, when Jobless new claims- tomorrow- GDP on Friday and the nonfarm payroll jobs report the following Friday.  Helping sellers to take profit today was the Portugal credit downgrade, while the Durable Goods report couldn't help buyers, as the stock market is seen as slightly overbought.    Wednesday, March 24, 2010,  8:52  A.M. Eastern- updated 5:51p

 

Buyers Drive Stocks Higher, Closing Virtually At The Highs

Look for a neutral-to-positive open Tuesday.  News of the day showed existing home sales fell and the President signs the health care reform bill, seem to have little effect over the markets until the last hour when buyers stepped in an drove shares higher to close virtually at the highs of the session.  Talk of a good GDP number and a positive jobs number also helped sideline sellers in Tuesdays session.   Tuesday, March 23, 2010,  8:55  A.M. Eastern- updated 4:50p

>  Dow leads late day buying spree.

 

Back To Positive Ness, Recovering Fridays Loss

Look for a neutral-to-negative open Monday.   Health care bill pass Congress in focus for the start.  Health care bill or no bill, stocks emerged out of negative territory, late morning, to recover some of Fridays losses.   Monday, March 22, 2010,  8:56  A.M. Eastern- updated 5:00p

 

Tech Stocks Lead The Broader Market Lower

Look for a neutral-to-positive open Friday.   Options expiration today could increase volatility.  Yesterdays good news [jobless claims - consumer prices] had zero effect on traders Friday as stocks end the session lower on options expiration trading.  U.S. stock market rest Friday as traders take a little profit from the recent run-up.  Health care reform to be battled over this weekend also played a role in today's trading and will probably play a larger role next week.   Friday, March 19, 2010,  8:49  A.M. Eastern- updated 4:58p

 

Dow Ramps Up, Broader Market Struggles At The Unchanged Line

Look for a neutral flat open Thursday.   CPI and jobless initial claims data in focus for the start.  Dow continues its trek higher posting another gain while tech stocks end slightly higher and the S&P 500 ending slightly lower.  Jobless new claims came in with a small decline, pointing the way to a slow jobs recovery.  Headline consumer prices were unchanged helped by declining energy prices in February.   Thursday, March 18, 2010,  8:49  A.M. Eastern- updated 4:43p

>  Dow on a roll, broader market flat Thursday.

>  Consumer Prices inflation indicator was unchanged in February by decline in energy.

>  Unemployment new claims dropped last week continuing downward trend- chart.

 

U.S. Market Holds Gain Amid Testimony On The Hill

Look for a neutral-to-positive open.   Manufacturing inflation data (PPI) in focus for the start.  Manufacturing prices, an inflation index, (the PPI report) declined unexpectedly, indicating no inflation problem for the foreseeable future.  Bernanke and Volcker on the Hill testifying, having little effect over traders.  The stock market put in another good session, off the highs, stocks close up by near 1/2 percent.   Wednesday, March 17, 2010,  8:49  A.M. Eastern- updated 4:36p

>  Another up day as stocks climb steadily higher without the retail investor.

>  PPI manufacturing inflation drops 0.6 percent, core up 0.01.

Stocks Move Up As Fed Keeps Rate Target Unchanged, Says Economy Strengthening

Look for a neutral-to-positive open for Tuesday.   Fed FOMC meeting is the focus.  No rate change is expected and very little change in the accompanying statement on monetary policy.  Fed moved markets Tuesday with a thumbs up on the economy and probable no rate hike anytime soon.  Oil ramped up as did gold and other commodities.  The S&P 500 led the way with a 3/4 percent gain.   Tuesday, March 16, 2010,  8:59  A.M. Eastern- updated 5:54p

>  Oil jumps to near $82 a bbl amid economic strengthening statement by Fed.

>  Fed leaves rates unchanged says economic activity continues to strengthen.

 

Stocks On The Mend, Bouncing Off The Low, Posts Mixed End

Look for a neutral-to-negative open for Monday.  Stocks go flat Monday as traders await the Fed FOMC meeting set for Tuesday.  U.S. equities end a slow day in mixed mode with the NASDAQ ending slightly lower.   Monday, March 15, 2010,  8:46  A.M. Eastern- updated 5:52p

 

Fridays Stock Market- Slow- Posts Mixed End

Look for a neutral-to-positive open for Friday.   Retail sales data in focus for the start.  Slow going Friday as stocks end mixed while the S&P 500 bumps up against the 1,150 mark.   Friday, March 12, 2010,  8:52  A.M. Eastern- updated 4:33p

 

Another Positive Session Thursday As Stocks Emerge From Negative Territory

Look for a neutral-to-negative open Thursday.   Jobless new claims data in focus for the start.  U.S. shares add another positive day of trade, as stocks emerged from negative territory in the afternoon session, to end up nearly 1/2 percent.  U.S. market has now been positive 8 sessions out of the past 10, with the other 2 as mixed.  Jobless new claims dropped to 462,000, nearly 200,000 from a year ago- recovery is making progress.   Thursday, March 11, 2010,  8:50  A.M. Eastern- updated 4:50p

>  Jobless claims declined 6,000 last week- chart

 

Tech Led, Dow Flat Wednesday As Fresh Economical Data Is Sparse

Look for a neutral-to-positive open for Wednesday.  NASDAQ stocks outperform with the broader market following as the Dow stocks struggled at the unchanged line, ending slightly higher.   Wednesday, March 10, 2010,  8:43  A.M. Eastern- updated 4:41p

 

Stocks Sink In Afternoon Session, Bounce Back To End With Gains, In Last Half Hour

Look for a neutral-to-negative open Tuesday.   Cisco Systems makes big announcement this morning and this time last year the S&P 500 closed at 676.53, advanced nearly 462 points since then.  Afternoon model run has upgraded the Market Barometer Forecast to positive.  U.S. stock market gives up gains Tuesday, sending the market lower going into the close, amid Barometer Forecast upgrade.   Tuesday, March 9, 2010,  8:56  A.M. Eastern- updated 4:43p

>  Stock market makes comeback on this Bear bottom anniversary.

>  Afternoon Barometer model changed the forecast to positive on upbeat outlook.

>  Cisco Systems introduced a new Routing System for the Internet, with more than 12 times the capacity of the nearest competing system. A huge increase of capacity that is capable of streaming all known movies and all of the Library of Congress print, in less than 4 minutes.

 

Stocks ended mixed with tech outperforming on upgrades

Look for a neutral flat open could turn mixed.   Earnings/ outlook in focus for the start.  U.S. stock market performance was choppy Monday, trended lower after the Dollar advanced.  S&P 500 and the Dow closed slightly lower while Tech [NASDAQ] ended slightly higher, helped by Cisco Systems.   Monday, March 8, 2010,  8:47  A.M. Eastern- updated 4:45p

 

Stocks Ramp Up On Payroll Data, Gold And Oil Follow

Look for a neutral-to-positive open Friday.   Nonfarm payroll and unemployment report as well as earnings/ outlook in focus for the start.  Friendly jobs data set the tone Friday, as traders and investors push the stock market higher, ending virtually at the high of the session.  Market Barometer forecast data shows a change to positive for the Barometer Forecast could be just sessions away.   Friday, March 5, 2010,  8:49  A.M. Eastern- updated 4:43p

>  U.S. stock market rallied Friday on better than expected jobs data.

>  Unemployment rate holds at 9.7 percent for February.

>  Government report shows 36,000 jobs lost in February, less than expected.

 

Dow Jones Index Closed Half Percent Higher Ahead Of The Nonfarm Payroll Report

Look for a neutral flat open for Thursday.  Could turn positive.  Jobless new claims and earnings/ outlook in focus for the start as well as nonfarm payroll tomorrow.  U.S. stock market does well ahead of the jobs unemployment report which is due out before the open tomorrow.  Jobless new claims data and retail sales numbers get traders and investors to push stocks up 1/2 percent ahead of the nonfarm report Friday morning.   Thursday, March 4, 2010,  8:55  A.M. Eastern- updated 4:49p- corrected 5:48p

>  Economic data set tone for Thursdays trade, investors look forward to Friday.

>  Unemployment new claims drop 29,000 last week- chart.

 

Stocks Fall To Unchanged, Ahead Of Unemployment New Claims And Payroll On Friday

Look for a neutral flat open Wednesday.   ADP jobs report and earnings/ outlook in focus for the start as well as the Greece bailout.  U.S. stock market fell back to the opening prices Wednesday after achieving a good start.  Beige Book jitters and major data tomorrow and Friday kept buyers on the sidelines in the afternoon trade.  The Unemployment new claims data released tomorrow morning could send stocks in either direction if data comes in unexpectedly high or low.  The payroll and unemployment rate report Friday could set the tone for the near-term in either direction, especially if more negative than forecasted.   Wednesday, March 3, 2010,  8:49  A.M. Eastern- updated 4:43p

 

Barometer Forecast Bias Changed To Positive While Stocks Go Flat Tuesday

Look for a neutral-to-positive open.   Look for a Forecast-Bias upgrade today.  Earnings/ outlook still a focus for the start.  The mid afternoon model has changed the Forecast Bias to positive.  Three session rally slows Tuesday as stocks ramped up early but selling took over as shares slip from the highs to end with a slight gain.   Tuesday, March 2, 2010,  8:49  A.M. Eastern- updated 4:34p

>  Bias upgrade paves the way for Forecast change to positive.

>  Mid afternoon Barometer model has changed the Forecast Bias to positive.

 

M&A Set The Tone, Personal Spending And Income Saw Stocks Rise Monday

Look for a neutral-to-positive open for March 1, Monday.   Earnings/ outlook in focus for the start.  Stocks rally Monday as M&A activity picked-up setting the tone for the session.  Economical data [Personal Spending Outlays report] helped the rally to sustain the [virtually] highs of the day.  The broader market, as measured by the S&P 500, closed up one percent.   Monday, March 1, 2010,  8:49  A.M. Eastern- updated 4:57p

>  Mergers and economical data saw March start out in rally mode.

 

Mixed Data Saw Stocks Slightly Higher Friday

Look for a neutral-to-positive open Friday.  Could turn mixed.   GDP and earnings/ outlook in focus for the start.  Mixed data (GDP and home sales) set the tone for a mostly flat session with stocks ending slightly higher.   Friday, February 26, 2010,  8:47  A.M. Eastern- updated 2/27/2010- 9:48a

>  GDP ramped up in the last quarter of 2009, above expectations.

 

U.S. Stock Market Sinks On Unemployment New Claims, Ends Well Off The Lows

Look for a negative open Thursday.   Jobless claims, durable goods, and earnings/ outlook in focus for the start.  Dramatic recovery by stocks Thursday, as unemployment new claims sent traders selling while a dramatic reversal came in early afternoon trade, sending equities back up, nearly to the unchanged line.  An unexpected rise in jobless claims took its toll early, as traders sold out while Shorts added to the decline.   Thursday, February 25, 2010,  8:56  A.M. Eastern- updated 4:51p

>  Stocks sell off early, trending back to close with a moderate loss Thursday.

>  Unemployment new claims rise unexpectedly- chart.

 

Stocks Up On Bernanke While The Dollar Recovers Early Loss

Look for a neutral flat open.  Could turn mixed.   Bernanke on the Hill and earnings/ outlook in focus for the start.  The mid afternoon model-run has changed the Barometer Leading Indicator (BLI) to positive, indicating a new leg up for the stock market has been detected.  Both Bernanke and Toyota Execs on the Hill today giving testimony, with Bernanke about the economy and Toyota getting hammered by Congress over the Automakers woes.  It appears that the interest rate will be maintained near zero for some time to come, as the economy continues to struggle.  Stocks went higher Wednesday recovering most of yesterdays loss.   Wednesday, February 24, 2010,  8:52  A.M. Eastern- updated 4:37p

>  Up day for stocks on words from Bernanke before Congress.

>  Model upgrades Leading Indicator to positive.

 

Consumer Confidence And Home Sales Sink Stocks

Look for a neutral-to-negative open.   Earnings/ outlook in focus for the start.  Consumer confidence report disappointed traders Tuesday, sending shares lower as economic data continues to drive the markets.   Tuesday, February 23, 2010,  8:49  A.M. Eastern- updated 4:37p

>  Consumer confidence and home sales send stocks to a loss.

 

Market consolidates as Leading Indicator gets upgrade

Look for a neutral-to-positive open Monday.   Earnings/ outlook in focus for the start.  Morning model run is changing the BLI back to neutral.  Choppy trading Monday as the stock market consolidate last weeks gain.  Traders and investors are satisfied for now as they await Ben Bernanke's testimony later in the week.  Oil prices up holding close to the $80 bbl mark.   Monday, February 22, 2010,  8:45  A.M. Eastern- updated 4:46p

>  Market consolidates Monday as traders await Ben Bernanke testimony.

 

U.S. Stocks Make It Four In A Row Amid Rate Hike Worries

Look for a neutral-to-negative open for Friday.   Surprise discount rate hike by the Fed take world markets lower and U.S. futures negative for the open.  Despite the surprise discount rate hike yesterday, stocks hung around the unchanged line and closed well into positive territory Friday.  The rate hike announcement [yesterday] was most likely deliberate in the timing; not announced at the regular FOMC meeting, but ahead of next weeks Bernanke testimony on the Hill.  U.S. traders shook off the opening "shot across the bow" to the now committed tightening of monetary policy on the FOMC calendar and ran stocks up for a fourth session.   Friday, February 19, 2010,  8:51  A.M. Eastern- updated 4:54p corrected 5:46p

>  Consumer price index rose slightly, core price fell.

 

U.S. Stocks Put Together Three Day Rally As Shares Spike Towards The Close

Look for a neutral-to-negative open Thursday.   Jobless new claims and earnings/ outlook in focus for the start.  Case in point where not so friendly economical data doest disturb the markets advance as shares rise for a third session.  Even though the Bias was changed back to neutral Tuesday, and that we have been saying, for the past several sessions, that this rally can continue, the model that deals directly with the BLI still shows negative, although the metrics of the model are improving.  This means there still is a chance the market downturn could resume.  Model data indicates at least two more neutral to positive sessions would be needed to upgrade the BLI back to neutral.   Thursday, February 18, 2010,  9:09  A.M. Eastern- updated 4:49p

>  The Federal Reserve will increase the Discount Rate to 0.75 percent at midnight tonight, February 19, 2010.  The announcement came after the close of the regular session this evening.  Futures immediately moved lower and signal a lower open Friday.  The Fed left the target for the Fed Funds rate unchanged.

>  Manufacturing prices sharply higher in January, above expectations, causing some concern.

>  Unemployment new claims jump dampening the open Thursday- chart.

 

Wednesday Sees Follow Through From Tuesdays Rally Gaining Near 1/2 Percent

Look for a neutral-to-positive open Wednesday.   Housing data and earnings/ outlook in focus for the start.  What was it, housing data, FOMC minutes, or just "its about time" that investors jump back into this market.  Stocks added to yesterdays gains by almost 1/2 percent across the broader market.  Models continue to look good for a sharp rise later in the week with an upgrade to the BLI likely.   Wednesday, February 17, 2010,  8:49  A.M. Eastern- updated 5:00p

>  Models split but lean towards another bull market rally in coming days.

 

Stocks Rally Prompting A Forecast Bias Change Back To Neutral

Look for a positive open Tuesday.   Earnings/ outlook in focus for the start.  Pre close model run is changing the Forecast Bias back to a neutral.  Commodities jump Tuesday helping the stock market rally, sending the Dow into triple digits.  Today's rally, brought to you by gold, silver, oil prices and a Dollar under pressure.  If the Dollar resumes its trade lower, we could be in for a new leg up in stocks, but we will have to get by this week in good shape.  Watch for a BLI change back to neutral, that would be a probable indication of higher market prices for shares.     Tuesday, February 16, 2010,  8:48  A.M. Eastern- updated 10:00p

>  Models indicate possible follow through for the rally, a new leg up.

>  Pre close Barometer model-run changed the Forecast-Bias back to neutral.

 

Stocks Bounce Around All Week But End With Nice Weekly Gain

Look for a neutral-to-negative open.   Earnings/ outlook in focus for the start as well as long holiday weekend.  U.S. market will be closed Monday.  Geopolitical news, the Dollar, stocks, and traders equal volatility this week but stocks win out by advancing overall with tech shares in the lead.   Friday, February 12, 2010,  8:49  A.M. Eastern- updated 4:53p

>  U.S. markets closed for President's Day holiday; markets will reopen Tuesday, normal schedule.

>  Wild ride as traders eke out a one percent gain on the week.

>  Euro and Yen under pressure, Dollar up, capping stocks Friday.

 

Fear Is Off The Table Again, Sending Stocks Higher Wednesday

Look for a neutral-to-negative open Thursday.  Could turn mixed.   Jobless new claims and Europe financial problems as well as earnings/ outlook in focus for the start.  Traders in control taking stocks back up after Europe appears to be helping, in some way, Greece's financial problems.  The major indexes posted a better than one percent gain on the session.   Thursday, February 11, 2010,  8:55  A.M. Eastern- updated 4:45p

>  Unemployment new claims takes large drop to 440,000 last week- see chart.

 

Europe List Of Worries Grows Capping U.S. Stock Market

Look for a neutral flat open.  Could turn mixed.   Earnings/ outlook in focus for the start.  The stock market is unable to get out of the up- down- bouncing around mode, as traders are now dealing with a growing list of European worries of more failed states.  In addition, Fed Chief Bernanke released a report of its Fed exit strategy that brings up concerns over the tightening of the Monetary Policy.  Stocks ended flat in negative territory with Futures pointing to a flat open Thursday.   Wednesday, February 10, 2010,  8:56  A.M. Eastern- updated 4:53p

>  Stocks flat on continued Europe concerns and Fed report.

 

Fears Wane Sending Stocks Ramping Up Tuesday

Look for a positive open Tuesday.   Earnings/ outlook in focus for the start.  Fear subsides sending stocks back up recovering yesterdays loss.  Unless there is a follow-on rally Wednesday, all this was Tuesday is a knee-jerk back from Mondays sell off.  The Forecast does indicate a trading range for the short-term.  Unless some major event can kick stocks up or down, models indicate a trading range for the near future.   Tuesday, February 9, 2010,  8:49  A.M. Eastern- updated 4:47p

 

Fear Grips Traders Monday Sending Stocks Lower

Look for a neutral flat open Monday. Could turn negative.   Earnings/ outlook in focus for the start.  Greece is the latest state to grasp traders fear as stocks slip in afternoon session to the lows of the day.   Monday, February 8, 2010,  8:49  A.M. Eastern- updated 4:39p

 

Dramatic Reversal Friday As Stocks Move Off The Lows Into Positive Territory

Look for a mixed open.  Jobs payroll unemployment report and earnings/ outlook in focus for the start.  U.S. stock market makes a comeback after being down in triple digits Friday.  Next week, especially the early sessions, may give better evidence that this could be a bottom to the mini correction.  The NASDAQ led the comeback closing up near 3/4 percent with the broader market eking out a small gain.   Friday, February 5, 2010,  8:54  A.M. Eastern- updated 4:35p

>  Model data continues to suggest that we could go higher and end the 4-week correction- pullback. If Monday is at least neutral, we should see a Bias upgrade to neutral.

>  Unemployment rate fell to 9.7 percent, much better than had been expected.

>  The economy lost another 20,000 jobs in January.

 

Stocks Plunge On Fear That The Economy Won't Recover As Quick And That Jobs Data Will Continue Negative

Look for a negative open Thursday.   Jobless new claims and earnings/ outlook in focus for the start.  Traders pull the plug on Wall Street Thursday, selling nearly every stock at hand.  Prices plunge on recovery worries, specifically relating to Europe and U.S. job market.  The major indexes dropped 2 to 3 percent.  Barometer model data got dinged again with today's performance that could lead to a downgrade of the Forecast to negative.  A negative Forecast would mean the market could drop substantially from current levels.   Thursday, February 4, 2010,  9:01  A.M. Eastern- updated 4:41p

>  Model data indicates a slight chance that the stock market could go up from Thursdays big drop. Its not 100 percent but there is an indication in the data pointing to a bottom to this correction.

>  Jobless new claims increases to 480,000- chart.

 

Blue Chip And NASDAQ Stocks Mixed, Broader Market Off By 1/2 Percent

Look for a neutral-to-negative open.   ADP jobs report and earnings/ outlook in focus for the start.  Investors end two days of gains as selling pressure over jobs data came into play Wednesday.  Stocks, measured by the major indexes, ended mixed with the broader market retreating 1/2 percent.   Wednesday, February 3, 2010,  8:49  A.M. Eastern- updated 4:25p

 

Housing And Earnings Get Two Positive Sessions In A Row

Look for a neutral flat open Tuesday. Could turn mixed.   Earnings/ outlook in focus for the start.  Two in a row as investors add to yesterdays gain, ahead of the payroll jobs report Friday.  Barometer model metrics turning around, could see forecast upgrades if market performance continues positive.   Tuesday, February 2, 2010,  8:46  A.M. Eastern- updated 4:34p

 

Starting February Right With A One Plus Percent Gain On The Session

Look for a neutral-to-positive open Monday.   Earnings/ outlook in focus for the start.  Factory order data (ISM report) and consumer income and spending set the tone for today's advance, recovering some of the loss generated in January.   Monday, February 1, 2010,  8:48  A.M. Eastern- updated 4:50p

>  ISM reported the PMI at 58.4 percent for January. A PMI over 50 indicates economic expansion in manufacturing.

 

Tech Leads The Broader Market Lower Continuing The Sell Off

Look for a neutral-to-positive open for Friday.   GDP and earnings/ outlook in focus for the start.  Selling continued Friday to end January in red ink as investors now look to February for better footing.  January sees red as the major indexes sink into negative territory, prompting the Forecast to be cut to caution.   Friday, January 29, 2010,  8:49  A.M. Eastern- updated 4:49p Easter

>  GDP 5.7 in Q4, well above estimates, economy churning- chart.

 

Forecast Turns To Caution On Worsening Market Fundamentals

Look for a neutral-to-positive open.  Could open mixed.   Jobless new claims, Durable Goods report and earnings/ outlook in focus for the start.  Mid afternoon model run is changing the Forecast to caution.  Stocks continue moving lower as investors are becoming more concerned over the economic recovery.   Thursday, January 28, 2010,  8:49  A.M. Eastern- updated 4:54p Easter

>  Ben Bernanke to get confirmed Thursday for another term as Federal Reserve Chief, greatly relieving concerns for most marketeers.

>  Market Barometer Forecast gets downgraded to caution Thursday.

>  Jobless new claims disappoints, decreasing just 8,000 last week- chart.

 

Major Indexes Jump Around The Unchanged Line, Head Higher Into Positive Territory

Look for a neutral-to-negative open Wednesday.   Fed day and earnings/ outlook in focus for the start.  Investors saw the market underwater for most of the session, but after the FOMC announced no change to monetary policy, shares headed higher to post a gain.   Wednesday, January 27, 2010,  8:49  A.M. Eastern- updated 4:47p Easter

>  Thursday and Friday could be volatile if initial new claims and GDP data come in with unexpected results.

>  Fed FOMC keeps rates steady at 0-1/4 percent, statement virtually unchanged.

 

Stocks Were Unable To Hold Positive Territory Tuesday, Causing The Forecast Bias To Get Downgraded

Look for a neutral-to-negative open.   Earnings/ outlook in focus for the start as well as the FOMC meeting and Bernanke confirmation hearing.  The pre close Barometer model changed the Forecast-Bias to negative.   Tuesday, January 26, 2010,  8:49  A.M. Eastern- updated 4:38p Easter

>  U.S. markets could get real volatile with the Fed FOMC on deck for tomorrow, jobless new claims Thursday, Bernanke "hopeful" confirmation, and GDP report Friday- makes you want to raise cash.

>  A caution Forecast could be next. What does that really mean?

>  A disappointing session today, as confidence in the ability of stocks to advance is weakening, causing the forecast-bias to be downgraded.

 

Market Reverses A Three Day Sell Off, Gains Attributed To Bernanke Anti Foe Movement

Look for a positive open Monday.   Earnings/ outlook in focus for the start.  Bernanke confirmation opposition tempered.  Stocks end well off the high of the session, reversing last weeks big downturn.  Political wrangling continues as investors vote with each buy and sell on Bernanke uncertainty.   Monday, January 25, 2010,  8:52  A.M. Eastern- updated 4:46p Easter

 

Another Sell Off As More Government Talk And Bernanke Uncertainty Builds Fear

Look for a neutral-to-negative open Friday.   Earnings/ outlook in focus for the start.  Afternoon model run has changed the BLI to negative.  Stocks, for a third day, fell as the Presidents plan to cap big banks continue to eat away at the markets and an additional fear that Bernanke will have trouble in confirmation took its toll on Wall Street.   Friday, January 22, 2010,  8:49  A.M. Eastern- updated 6:02p Easter

>  Big losses this week, but don't panic, it might just be a correction. See chart.

>  Today's downgrade of the BLI indicates that the stock market has entered a period where, if not reversed within another several S&P 500 percentage points, could cause a direction change from a bullish rally mode to a more substantial bearish move lower.

>  Afternoon model-run changed the Leading Indicator to negative.

 

Market Sells Off On Threat Of Big Bank Capping

Look for a neutral-to-negative open.  Could turn positive.   Earnings/ outlook in focus for the start as well as initial jobless claims data.  S&P 500 survives the sell off, holds a slight gain for the year, Dow and NASDAQ give-up YTD gain.   Thursday, January 21, 2010,  9:28  A.M. Eastern- updated 4:38p Easter

>  Sneak peek at fresh model data -chart- shows we could be near a pullback. Click this link then click chart to launch advance model.

>  Tough two days for stocks, but chart shows little effect compared to the run-up of the March rally.

>  U.S. stocks under a little pressure from China's market, Government wrangling, and some believe overbought condition, primed the market for a fall with probably a follow-on threat Friday.

>  Stocks slammed again as nearly all the 2010 gain for the year have been reversed.

>  Jobless new claims move higher by 36,000 last week- chart.

 

Volatility Picks Up As Investors Dump Stocks Wednesday

Look for a negative open Wednesday.   Earnings/ outlook in focus for the start.  Shares end in a sell-off Wednesday but well off the lows of the session as investors fear of a stagnate economic recovery reasserts itself.  The DJIA and S&P 500 index were lower on the session by 1.1 percent, the NASDAQ was down by 1.3 percent.   Wednesday, January 20, 2010,  8:54  A.M. Eastern- updated 10:07p Easter

>  With today's sell off, the S&P 500 is back where it was 10-sessions ago.

>  GDP for China came in at 10.7 percent, slightly higher than most had expected.

 

Investors rally the stock market recovering Fridays loss

Look for a neutral flat open.  Could turn positive.   earnings/ outlook in focus for the start.  Stocks rally Tuesday sending stocks back up recovering all of Fridays loss and then some.   Tuesday, January 19, 2010,  8:54  A.M. Eastern- updated 4:22p Easter

>  Republican win in Massachusetts could add a measure of gridlock, inspiring the markets- Futures indicate a slight negative open.

>  Investors reverse Fridays loss, taking stocks back up.

>  IBM earnings beat, upbeat outlook but stock struggles in after hours.

 

Stocks down near 1 percent ahead of long holiday weekend

Look for a neutral-to-negative open.   Consumer price report and earnings/ outlook in focus for the start.  JP Morgan earnings miss scares investors to selling as the stock market gives up near 1 percent for the day and ends negative for the week.   Friday, January 15, 2010,  8:49  A.M. Eastern- updated 4:21p Easter

>  U.S. markets closed for holiday. Will reopen Tuesday, normal schedule.

>  Both CPI index and core index rose 0.1 percent in December.

 

2010 Starts Strong With Gains Nearly Topping 3 Percent For The Broader Market

Look for a neutral to negative open Thursday.   Jobless new claims data and earnings/ outlook in focus for the start.  Even with a setback Tuesday, stocks continue to climb higher adding to the Y-T-D percentages which are approaching 3 percent.   Thursday, January 14, 2010,  8:54  A.M. Eastern- updated 10:38p Easter

>  New unemployment claims increase by 11,000 to 444,000- chart.

 

Market reverses direction Wednesday recovers yesterdays loss

Look for a neutral-to-positive open.   Earnings/ outlook in focus for the start.  Trade deficit data and Bankers testifying before a Congressional special panel didn't phase traders Wednesday as a near steady climb higher for stocks recovering yesterdays Alcoa inspired sell off.   Wednesday, January 13, 2010,  8:54  A.M. Eastern- updated 5:42p Easter

 

Alcoa inspires selling as stocks drops on earnings concern

Look for a negative open Tuesday.   Alcoa earnings in focus for the start.  Alcoa's miss on earnings and other not so friendly news keeps stocks from advancing although the major indexes ended off the low of the session.   Tuesday, January 12, 2010,  8:52  A.M. Eastern- updated 4:39p Easter

>  Past 10 sessions we've had 3-positive, 3-negative, and the rest mixed. This indecision by investors and traders could cause a sell off, at this point.

>  Evening model run shows a possible downgrade of the BLI- the BLI is used to detect market-direction change. It will be important to see stocks do better over the next couple of sessions.

>  Alcoa pays for its earnings miss, down by 11 percent in the regular session.

 

Dow And The Broader Market Sees A Gain, Tech Lags Ahead Of Earning

Look for a neutral-to-positive open Monday.   Earnings/ outlook in focus for the start.  Alcoa started 4th. Quarter earnings with its report after the close.  Results were less than expected setting the stage for a possible problem in Tuesdays market.   Monday, January 11, 2010,  8:49  A.M. Eastern- updated 9:39p Easter

>  Alcoa earnings disappoint, could cause trouble Tuesday.

 

Tech rallies, broader market ramps up at the close for a gain

Look for a neutral-to-negative open for Friday.   Jobs and unemployment-rate report in focus for the start.  Nice gain to start the year but mixed economical data could signal a tough but profitable year ahead.  Late session surge by the broader market sees a gain.   Friday, January 8, 2010,  8:49  A.M. Eastern- updated 5:52p Easter

>  Unemployment rate holds 10 percent.

>  Corporations lost 85,000 jobs in December, more than had been expected.

>  Government payroll report showed November jobs revised up to a gain but December disappoint investors sending shares lower Friday morning.

 

Broader Market Eked Out A Small Gain Ahead Of Jobs Data

Look for a neutral-to-negative open.   Jobless new claims data and December retail sales data in focus for the start.  If payroll data can't break the market one way or the other then stocks could trade flat all year long, barring Fed intervention; almost another flat session Thursday but the broader market rose to end up with a nice gain while tech lagged. Thursday, January 7, 2010,  8:49  A.M. Eastern- updated 4:56p Easter

>  Stock market is hoping for a positive jobs number or a very very small negative number.

>  Jobless new claims tick up- trend moves lower- chart.

 

Stocks On Two Day Stagnate Run As Marketeers Await Fresh Data And Earnings

Look for a neutral flat open.   Earnings season is in focus for the start.  Stocks go flat for the second session as the market gets ready for earnings next week and payroll/ jobs data tomorrow and Friday.   Wednesday, January 6, 2010,  8:53  A.M. Eastern- updated 4:50p Easter

>  Manufacturing expanded in December, but will jobs? Thursdays jobless new claims and Fridays payroll will get investors attention.

 

Stocks Go Mixed For Second Session Of New Year

Look for a neutral flat open Tuesday.  Investors rest from Mondays rally sending the market averages to close mixed.   Tuesday, January 5, 2010,  8:49  A.M. Eastern- updated 5:43p Easter

>  Pending home sales data and factory orders send mixed signal, sending shares to close mixed Tuesday after new year rally.

 

New Year Sees Rally, Inspired By Good Data And Intel Upgrade

Look for a positive open.  The afternoon model run has changed the Barometer Leading Indicator (BLI) back to neutral.  Intel and friendly economical data helped traders send stocks to rally Monday, the first trade of the year.   Monday, January 4, 2010,  9:07  A.M. Eastern- updated 5:53p Easter

>  Mid afternoon model run changed the Leading Indicator to neutral.

 

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